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IndusInd Bank, which is already facing a probe over derivative account discrepancies, also said that it may file an appeal against the GST order.(Photo: Bloomberg) IndusInd Bank share price ...
IndusInd Bank led the surge, followed by other private and public sector lenders. SBI's lending rate cut and deposit rate reductions across the sector are expected to boost loan demand and credit ...
The recent accounting discrepancy at IndusInd Bank has sent shockwaves through the banking sector, raising concerns over corporate governance and financial stability. Despite the sharp decline ...
without considering any support it might get from related companies. Earlier this week, IIHL chairman Ashok Hinduja said IndusInd Bank has not sought any fresh capital from its promoters even ...
IndusInd Bank garnered $2 billion in higher-cost bulk deposits in March, its biggest monthly haul in at least two years, as the lender shored up its funding base after disclosing accounting lapses.
without considering any support it might get from related companies. Earlier this week, IIHL chairman Ashok Hinduja said IndusInd Bank has not sought any fresh capital from its promoters even ...
IndusInd Bank ramped up its efforts to mobilise certificates of deposit in March and has raised more than Rs 16,500 crore of CDs during the month, so far, data published by Clearing Corporation of ...
IMAGE: A man walks past a screen displaying the IndusInd Bank logo at a metro station in New Delhi. Photograph: Anushree Fadnavis/Reuters Senior officials at IndusInd Bank are under regulatory ...
MUMBAI, March 21 (Reuters) - The Reserve Bank of India has urged the CEO of IndusInd Bank and his deputy to step down after significant accounting lapses as soon as replacements are found and the ...
But by then, the size of the positions at IndusInd without adequate mark-to-market had ballooned and those had to be unwound, one of the sources said. In September 2024, the bank's then chief ...
India's fifth-largest private lender IndusInd Bank's shares gained on March 24, after the bank tapped business advisory Grant Thorton to conduct a forensic review into accounting lapses detected ...
IndusInd Bank’s Board has decided to appoint an independent professional firm to conduct a comprehensive investigation to identify the root cause of the discrepancies in its account balances ...