IndusInd Bank, stung by accounting lapses, raised $2 billion via market deposits in March
India's IndusInd Bank garnered $2 billion in higher-cost bulk deposits in March, its biggest monthly haul in at least two ...
India's IndusInd Bank chiefs urged to step down, sources say; bank denies report
The Reserve Bank of India has urged the CEO of IndusInd Bank and his deputy to step down after significant accounting lapses ...
Mint5d
Stock to watch: IndusInd Bank shares to be in focus on Monday; Here’s why
In an official statement, IndusInd Bank categorised the reports as ‘factually inaccurate.’ “We would like to clarify that the recent media reports regarding the tenure of the Bank’s CEO ...
Mint6d
IndusInd Bank refutes ‘factually incorrect’ media reports claiming CEO, deputy to exit after accounting lapses
IndusInd Bank has denied media reports claiming that the Reserve Bank of India (RBI) has urged the private lender's CEO, Sumant Kathpalia and deputy CEO, Arun Khurana, to step down from their ...
The Financial Express4d
IndusInd Bank appoints Grant Thornton for fraud checks in accounting discrepancy case: Sources
IndusInd Bank has appointed Grant Thornton to conduct a forensic review in the accounting discrepancy case. Image: Reuters IndusInd Bank has appointed Grant Thornton to conduct a forensic review ...
The Hindu6d
IndusInd Bank appoints firm to investigate root cause of accounting discrepancies
IndusInd Bank has appointed a professional firm to investigate the root cause of accounting discrepancies relating to its derivatives portfolio. As per an estimate, ₹2,100 crore discrepancy in ...
moneycontrol.com6d
IndusInd Bank chiefs urged to step down, sources say; bank denies report
The Reserve Bank of India has urged the CEO of IndusInd Bank and his deputy to step down after significant accounting lapses as soon as replacements are found and the central bank has approved ...
moneycontrol.com6d
IndusInd Bank denies report claiming bank’s chiefs to exit within months after accounting lapses
The RBI made clear that it had lost confidence in the top executives, but that it wanted an orderly transition to avoid unnerving depositors, the report said citing sources. IndusInd Bank on March ...
Business Today3d
IndusInd Bank Plummets 30% in March: Experts Advise Caution Amidst Market Volatility
IndusInd Bank suffered a sharp 30% decline in March due to financial issues, making it one of the biggest losers in the market. Along with IndusInd, major tech stocks like Infosys and Wipro saw ...
Business Today6d
IndusInd Bank CEO, deputy may have to exit after accounting lapses: Report
The Reserve Bank of India (RBI) has urged the CEO of IndusInd Bank and his deputy to step down after significant accounting lapses as soon as replacements are found, according to a Reuters report.
IndusInd Bank share price falls over 5% after ₹30 crore penalty for ‘various GST issues’
IndusInd Bank share price has plunged 35% in one month and is down 30% on a year-to-date (YTD) basis. Over the past six ...
IndusInd Bank Shares Fall Over 5% After ₹30 Crore GST Penalty, Stock Faces Ongoing Pressure Amid Derivative Probe
Mumbai: IndusInd Bank’s shares experienced a sharp decline of over 5 per cent on Tuesday following an announcement that the ...