IndusInd Bank's shares slide; CEO says quarterly profit on track despite accounting gaps
By Siddhi Nayak and Nandan Mandayam (Reuters) -Indian private lender IndusInd Bank will report a profit for the fourth quarter and the full financial year 2025, its CEO told CNBC-TV18 on Tuesday, after discrepancies in its derivatives accounts sent its shares tumbling.
IndusInd Bank Shares Plunge 27% Amid Rs 2,100 Crore 'Accounting Lapse' - What's Next?
IndusInd Bank's shares plummeted 27% after the bank revealed a Rs 2,100 crore discrepancy in its derivatives portfolio, accumulated over 5-7 years. CEO Sumant Kathpalia assured investors that the bank has sufficient reserves to absorb the impact.
IndusInd Bank – The Whys and Hows behind the “Accounting discrepancy”
Accounting ‘Glitch’ or Red Flag? IndusInd Bank’s ₹1,500 Crore Shocker Explained. 27% Crash in a Day: The Hidden Accounting ‘Glitch’ That Shook IndusInd Bank.
India's IndusInd Bank slumps over 22% as accounting gap raises earnings concerns
By Nandan Mandayam and Siddhi Nayak (Reuters) -Shares of Indian private lender IndusInd Bank fell more than 22% to an over four-year low on Tuesday, a day after it reported discrepancies in accounting related to forex derivatives that could lead to a one-time hit to earnings.
IndusInd Bank Share Price Highlights: IndusInd Bank Stock Price History
Discover the IndusInd Bank Stock Liveblog, your ultimate resource for real-time updates and insightful analysis on a prominent stock. Keep track of IndusInd Bank with the latest details, including: Last traded price 676.
IndusInd Bank share price falls to a one-year low after RBI grants CEO only a single-year extension
This is the second consecutive time that the RBI approved a shorter tenure for Kathpalia than what the board proposed.
IndusInd Bank Customers Alert! Is Your Money Safe as IndusInd Bank Shares Crash 30%? Details Inside!
IndusInd Bank shares have hit the lower circuit, sending shockwaves through investors. This marks the biggest crash in ...
IndusInd Bank Crisis: RBI steps in, tells board to nominate external candidates for COO, CEO posts
It should be noted that last week, the RBI had given nod to a year-long extension to the reappointment of current chief ...
IndusInd Bank crisis: Is it similar to YES Bank or not? ProfitMart's Avinash Gorakshakar answers
The stock, which recorded a steep 27 per cent on Tuesday post its internal review, traded almost flat on Thursday. Last ...
IndusInd Bank most-sold stock by mutual funds in February, shows data
IndusInd Bank was among the most-sold stocks by domestic mutual funds (MFs) in February. They offloaded 16 million shares ...
India central bank probing banks' derivatives books amid IndusInd fallout, sources say
India's central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank ...
Mint Explainer: How IndusInd Bank slipped up on foreign currency hedging
IndusInd Bank disclosed discrepancies in accounting for foreign currency derivative trades over a period of five to seven ...
IndusInd Bank’s ₹1,500 crore derivatives hit: What went wrong?
IndusInd Bank is in the spotlight after revealing discrepancies in its derivatives portfolio, causing its stock to plunge nearly 30 percent in just five sessions. The issue? Internal derivative trades ...