IndusInd Bank, RBI and derivative

IndusInd Bank fallout compels RBI to begin industry-wide review of derivative books
The Reserve Bank of India has asked lenders for details of their overseas borrowings and deposits as well as their forex hedge positions.
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 banks following significant accounting discrepancies revealed by IndusInd Bank.
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.
ICAI may review financial statements of IndusInd Bank amid accounting discrepancies
ICAI may review the financial statements of IndusInd Bank following a discrepancy of Rs 2,100 crore in its derivatives portfolio. The Financial Reporting Review Board is expected to conduct the review to ensure compliance with various accounting and auditing standards.
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.
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,
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 ...
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 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 ...
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 share: 6 key triggers for stock; cues from YES Bank, RBL Bank selloffs
CLSA noted that when the RBI gave a one-year extension to the MD of RBL Bank, and later appointed a PSU banker, the stock ...
The Financial Express1d
RBI initiates review of derivative positions of private and public sector banks after IndusInd fiasco: Reports
The Reserve Bank of India has begun a review of derivative books of both private and state-owned banks, according to sources.
0% return in 10 years: CA highlights case of IndusInd Bank share saying Rs 1,000 in 2014, would still be Rs 1,000 in 2025
IndusInd Bank, India's fifth-largest private lender, suffered a massive stock decline of over 27% following revelations of a ...
IndusInd Bank crash: 'If you had invested Rs 1,000 in Sep 2014...', financial planner sheds light on its performance
IndusInd Bank Ltd. saw its shares rise by 4.43% on Wednesday, closing at Rs 685 on the NSE. The stock has experienced a ...