IndusInd Bank reports a Rs 1,979 crore hit to its net worth due to derivatives portfolio discrepancies, with a 2.27% impact by December 2024. The bank's stock saw significant volat...
IndusInd Bank discloses a Rs 1,979 crore impact on its net worth due to derivative portfolio accounting lapses, with external audits underway to identify causes and remedial measur...
IndusInd Bank reports a 5% decline in loan book for Q4, with corporate lending slowing down while consumer banking shows growth. Deposits see a modest increase.
IndusInd Bank has appointed Grant Thornton to conduct a forensic review into accounting discrepancies and potential fraud, following a 23% drop in shares after revealing an overval...
IndusInd Bank's board has decided to appoint an external agency to investigate discrepancies in its derivative portfolio, focusing on root causes, accounting accuracy, and accounta...
IndusInd Bank may have overstated its net interest income, leading to a significant profit hit. An internal review revealed discrepancies in its foreign exchange derivative portfol...
The Reserve Bank of India confirms IndusInd Bank's stability and mandates resolution of discrepancies in its derivatives portfolio by March 31, 2025. The bank faces a potential Rs ...
The Reserve Bank of India reassures the public about IndusInd Bank's financial stability, highlighting its strong capital adequacy and liquidity coverage ratios. An external audit ...
IndusInd Bank's shares nosedived 25%, losing 16000 crore market-cap in 2 hours due to accounting discrepancies in its derivatives portfolio. This has raised concerns over the bank'...
IndusInd Bank's shares hit a 52-week low after revealing accounting irregularities, leading to brokerages downgrading the stock. The bank faces a potential post-tax impact of Rs 15...
IndusInd Bank anticipates a 2.35% net worth decline by December 2024 due to account discrepancies, despite strong profitability and capital adequacy. The bank has initiated an exte...
IndusInd Bank reports a 39% drop in net profit for the December quarter, with an 85% surge in provisions and contingencies, including a significant allocation for stressed microfin...
IndusInd Bank is set to auction Rs 1,573 crore of non-performing microfinance loans to clean up its balance sheet, with a reserve price of Rs 85 crore. The bank's promoters have al...
