IndusInd Bank stock plunges 27.17% due to accounting discrepancies, CEO tenure extension, and microfinance asset quality ...
IndusInd Bank on Monday disclosed that an internal review of its derivative portfolio has revealed a potential 2.35 per cent ...
This anticipated erosion in net worth, which the lender estimated at 2.35% of the total, follows Monday's disclosures on ...
Kyobo Securities noted that it will offer a type of equity-linked derivative bond (ELB) through public subscription until the ...
The IndusInd stock plunged 15% on Tuesday morning following the bank's disclosure that lapses in derivatives used as a forex ...
The stock fell nearly 4% to Rs 900.50 on the NSE in the previous session. IndusInd Bank’s stock has lost more than 37% in the ...
Concerns over slowing future earnings growth and challenges in transitioning to a new leadership weigh in on the bank and its ...
IndusInd Bank also reassured investors that its profitability and capital adequacy remains healthy to absorb this one-time ...
Brokerages are now concerned about the ripple effects on investor confidence amid the bank’s derivative portfolio setback ...