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.

The Reserve Bank of India (RBI) has begun a review of the derivative exposure of both private and state-owned banks after private lender IndusInd Bank reported a massive discrepancy in the

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.