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ET Now on MSNIndusInd Bank: Derivatives losses and now insider trading issue?The market watchdog SEBI is investigating possible insider trading by five senior officials of IndusInd Bank, as per two ...
The Securities and Exchange Board of India (SEBI) is investigating potential insider trading at IndusInd Bank following ...
IndusInd International Holdings (IIHL) on Tuesday said it will list the insurance units of Reliance Capital in two to three ...
IndusInd Bank too ceased internal trades from April 1, 2024. However, during an internal review, the bank identified certain discrepancies where accounting of losses on forex derivatives/ swap ...
Having a diversified portfolio that comprises retail loans, credit cards, corporate lending, and forex services, IndusInd Bank has been identified as an institution with innovative banking solutions.
IndusInd Bank had said that it had noticed discrepancies in the valuation of its foreign exchange derivative portfolio. The hedges taken by the bank to protect against forex risk on its foreign ...
The Reserve Bank of India (RBI) has assured depositors that IndusInd Bank’s financial health remains stable and said there is no need for depositors to react to the “speculative reports” at this ...
On Monday, private lender IndusInd Bank flagged a 2.35% hit to its net worth due to an underestimation of hedging costs related to forex transactions. "The RBI wants to confirm from banks whether ...
The move comes after discrepancies were found in the foreign exchange derivatives accounting at IndusInd Bank. The banking regulator is now assessing the hedging strategies of these banks and ...
IndusInd Bank Forex Portfolio News Explained: India’s fifth largest private bank, IndusInd Bank, has been hit by a major accounting discrepancy. The lender, on Monday, informed its shareholders that ...
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