India's banks face a new credibility test
One of India's top private banks is setting a fresh test for the sector. On Monday IndusInd Bank reported it had discovered ...
RBI tells IndusInd Bank board to suggest external candidates for CEO & COO position
The RBI has requested IndusInd Bank to propose two external candidates for CEO and COO roles following a one-year extension ...
Derivatives debacle: IndusInd Bank stock crumbles, investors panic
Interestingly, the fall in the lender’s share value saw bargain hunters also making merry, picking up the stock cheap for ...
RBI may prefer a public sector banker to helm IndusInd Bank, going by recent appointment trend in private sector banks
RBI may prefer public sector banker to replace IndusInd Bank CEO amid concerns over balance sheet and leadership.
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IndusInd Bank CEO assures Q4 profitability despite ₹1,520 crore treasury loss
Shares of IndusInd Bank have been under pressure the last couple of days. Last Friday, the Reserve Bank of India (RBI) gave a ...
IndusInd Bank promoter Ashok Hinduja backs MD, says balance sheet remains strong
IndusInd Bank flagged discrepancies worth about ₹1,530 crore in its derivatives account balances. Ashok Hinduja, chairman of ...
IndusInd Bank shares fall on derivative discrepancy; Crisis explained here
The forex transaction development, which follows a less-than-expected extension given to managing director Sumant Kathpalia, ...
IndusInd Bank Hit By Rs 2,100 Crore Accounting Lapse, Shares Tank 27%
IndusInd Bank on Tuesday addressed the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves ...
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IndusInd Bank: Insiders Offload, FIIs Exit, and DIIs Step in
IndusInd Bank has been at the centre of financial turmoil following the revelation of discrepancies in its derivative ...
It seems IndusInd Bank cannot catch a break from bad news
Bank faces challenges with microfinance crisis, CFO exit, and CEO tenure extension, leading to 40% stock price drop.
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IndusInd Bank’s Rs 1,580 crore discrepancy: What happened and why it matters
IndusInd Bank said that an internal review of its derivative portfolio revealed discrepancies, which could hit its net worth ...
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IndusInd Bank stock tanks 23 per cent
IndusInd Bank on Tuesday fire fought the fallout of a `2,100 Crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management’s assurance failed to arrest ...