IndusInd, derivative and central bank

The crisis at IndusInd, India’s fifth-largest private bank
In today’s newsletter, lots of space for SpaceX in India, with both Bharti Airtel and Reliance Jio announcing partnership agreements for Starlink. But first, the crisis in India’s fifth-largest private bank — IndusInd.
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 disclosed lapses in its derivatives accounting, three sources said on Wednesday.
RBI reviewing derivative positions of banks after IndusInd's forex fiasco
After the discrepancies were revealed, IndusInd Bank's stock fell over 27%. Chairman Ashok Hinduja assured investors that he would fully support any capital requirements. Today, the stock ended at ₹685 on the NSE, up 4.4% and breaking a five-day losing streak.
IndusInd Bank share price down nearly 20% after internal review finds derivatives portfolio discrepancies
IndusInd Bank shares fell 20% during the early trading session on Tuesday, March 11, after the private lender announced discrepancies found after an internal review of its derivatives portfolio. At 10am,
India's IndusInd Bank slumps 20% as derivative accounting gap could hurt earnings
By Nandan Mandayam and Siddhi Nayak (Reuters) -Shares of Indian private lender IndusInd Bank slumped an exchange-allowed maximum of 20% on Tuesday, a day after it reported discrepancies in derivatives accounting in its books that analysts said could result in a one-time hit to earnings.
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 ...
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IndusInd Bank: RBI Expands Investigation into Derivative Exposures Following Discrepancies
The Reserve Bank of India (RBI) has widened its investigation into derivative exposures of multiple private and state-run ...
RBI tells IndusInd Bank board to suggest external candidates for CEO & COO position
The RBI has requested IndusInd Bank to propose two external candidates for CEO and COO roles following a one-year extension ...
IndusInd Bank: RBI stepped in after lender delayed provisioning by a year, says report
The stock crashed over 27 percent on March 11 after the bank said it found some discrepancies in its forex derivative ...
RBI may prefer a public sector banker to helm IndusInd Bank, going by recent appointment trend in private sector banks
RBI may prefer public sector banker to replace IndusInd Bank CEO amid concerns over balance sheet and leadership.
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 ...
Is IndusInd turmoil a one-off or one of many? RBI wants to know
The RBI is examining whether unhedged forex liabilities are an issue specific to IndusInd Bank or a broader banking problem.
IndusInd Bank stock: Are your bank deposits, FDs secure despite price fluctuations at stock market?
IndusInd Bank's stock faced a downturn due to a forex error. The recent reports of financial irregularities at the bank have ...