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On Tuesday, March 11, shares of IndusInd Bank Ltd., experienced a significant drop of 27%. The stock hit a 52-week low of Rs ...
The RBI has requested IndusInd Bank to propose two external candidates for CEO and COO roles following a one-year extension ...
IndusInd Bank CEO addressed concerns about discrepancies in the bank’s internal review of accounts related to its derivatives ...
MUMBAI: More skeletons are tumbling out of the messy cupboards of Indusind Bank, with the two top-dogs of the troubled lender ...
It should be noted that last week, the RBI had given nod to a year-long extension to the reappointment of current chief ...
Ahead of the IndusInd Bank’s letter detailing discrepancies found in the bank’s internal review of accounts, Sumant Kathpalia ...
IndusInd Bank CEO Sumant Kathpalia assured profitability in Q4FY25 despite derivative losses. He confirmed the bank's Capital ...
India's audit watchdog had found shortcomings in some processes of MSKA & Associates, one of the bank’s statutory auditors, as per a report by National Financial Reporting Authority in January.
The bank has not hidden any disclosures at this point. We have been very transparent. This is a one-off item, not a recurring ...
I think RBI is uncomfortable with my leadership skills of running the bank and we have to respect that, says bank CEO ...
IndusInd Bank anticipates a Rs 1,577 crore reduction in net worth due to derivatives discrepancies. The bank has enlisted an ...
IndusInd Bank is grappling with a Rs 2,100 crore accounting discrepancy, resulting in a 27% drop in shares. CEO Sumant ...
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