India's central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank disclosed lapses in its derivatives accounting, three sources said on Wednesday.
India's IndusInd Bank garnered $2 billion in higher-cost bulk deposits in March, its biggest monthly haul in at least two ...
IndusInd Bank Ltd. closed 59.56% short of its 52-week high of 1,576.00 rupees, which the company reached on April 8th.
IndusInd Bank has raised Rs110bn ($1.26bn) by selling certificates of deposit (CDs), reported The Economic Times, citing the Clearing Corporation of India (CCIL) data. This move comes as the bank ...
IndusInd Bank Ltd. 532187 shares slid 1.23% to 683.80 Indian rupees Thursday, on what proved to be an all-around positive trading session for the stock market, with the BSE SENSEX Index 1 rising 1 ...
The Reserve Bank of India confirmed IndusInd Bank's strong financial parameters and robust health amid reported discrepancies. IndusInd Bank is implementing remedial measures and undergoing an ...
Bank fixed deposits (FDs) are considered a safe investment option because they offer capital appreciation, guaranteed returns, and regulatory protection from the Reserve Bank of India (RBI).
Private sector lender IndusInd Bank announced that the bank's board decided to appoint an independent professional firm to conduct a comprehensive investigation into the discrepancies found in the ...
The recent accounting discrepancy at IndusInd Bank has sent shockwaves through ... management credibility, deposit outflows, accounting issues, and asset quality risks. “Asset quality issues ...
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