Mumbai: The country's fifth largest private lender IndusInd Bank saw its shares plummet nearly 27 per cent on Tuesday after it reported a massive discrepancy in the forex derivative portfolio ...

IndusInd Bank's stock slump due to an identified accounting discrepancy has stirred investor concerns, prompting mutual fund ...

A Reserve Bank of India (RBI ... books of private and state-owned banks after IndusInd Bank reported discrepancies in accounting related to forex derivatives. Derivatives books are primarily ...

MUMBAI: Within days of the fiasco at Indusind Bank’s forex derivatives imploding with a Rs 2,000-crore likely hit on its bottom-line, the Reserve Bank (RBI) asked all banks with large forex ...

IndusInd Bank faces ₹1,530 crore loss due to derivative discrepancies, leading to stock price cuts and CEO uncertainty.

Shares of IndusInd Bank, Kotak Mahindra Bank, HDFC Bank, and City Union Bank from the index were up in the range of 1 per ...