It should be noted that last week, the RBI had given nod to a year-long extension to the reappointment of current chief ...
RBI may prefer public sector banker to replace IndusInd Bank CEO amid concerns over balance sheet and leadership.
The Reserve Bank of India has asked lenders for details of their overseas borrowings and deposits as well as their forex ...
Accounting ‘Glitch’ or Red Flag? IndusInd Bank’s ₹1,500 Crore Shocker Explained. 27% Crash in a Day: The Hidden Accounting ...
The stock crashed over 27 percent on March 11 after the bank said it found some discrepancies in its forex derivative ...
Shares of India's IndusInd Bank fell nearly 6% on Monday to their lowest level since July 2022, after the country's central ...
After the discrepancies were revealed, IndusInd Bank's stock fell over 27%. Chairman Ashok Hinduja assured investors that he ...
The Reserve Bank of India (RBI) has begun a review of the derivative exposure of both private and state-owned banks after ...
The Reserve Bank of India has begun a review of derivative books of both private and state-owned banks, according to sources.
Near term fraught with uncertainty but if history is a guide fundamentals could drive a recovery, says the brokerage ...
IndusInd Bank, India's fifth-largest private lender, suffered a massive stock decline of over 27% following revelations of a ...
The RBI is examining whether unhedged forex liabilities are an issue specific to IndusInd Bank or a broader banking problem.