IndusInd Bank's stock slump due to an identified accounting discrepancy has stirred investor concerns, prompting mutual fund ...
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 ...
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 ...
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IndusInd Bank's shares plummeted 20% to a 52-week low of Rs 720.50 due to discovered accounting irregularities in its forex derivatives portfolio. Several brokerages downgraded their ratings ...
The Institute of Chartered Accountants of India (ICAI) will likely review books of IndusInd Bank following accounting discrepancies that were reported by the bank in its derivatives portfolio ...