Share Market Highlights: Sensex, Nifty end lower as IT, auto stocks weigh; tariff uncertainty looms
The benchmark BSE Sensex slipped 0.25% to close at 77,414, while the broader NSE Nifty 50 fell 0.41% to 23,494, weighed down ...
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 ...
IndusInd Bank slips Friday, underperforms competitors
IndusInd Bank Ltd. closed 58.78% short of its 52-week high of 1,576.00 rupees, which the company reached on April 8th.
Awaiting an end to IndusInd Bank's ₹1,500 cr derivative loss saga
IndusInd Bank faces scrutiny for a ₹1,500 crore derivative loss, with auditors investigating to uncover the causes. The loss, ...
moneycontrol.com11d
IndusInd Bank orders investigation into accounting lapses in derivatives portfolio; shares slip to day's low
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 ...
Mint10d
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 ...
moneycontrol.com11d
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 ...
The Financial Express9d
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 ...
Mint10d
IndusInd Bank chiefs to exit within months after accounting lapses, sources say
MUMBAI, March 21 (Reuters) - 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 ...
Reuters9d
India's IndusInd taps Grant Thornton for fraud checks in accounting case, sources say
NEW DELHI/MUMBAI, March 23 (Reuters) - India's IndusInd Bank (INBK.NS), opens new tab has appointed Grant Thornton to conduct a forensic review into accounting lapses detected this month and to ...
IndusInd Bank shares in focus ahead of PwC report on accounting discrepancies
BNP Paribas said IndusInd Bank's foreign deposits constitute a mere 1.6 per cent of liabilities but its recently indicated ...