IndusInd Bank has come under scrutiny after reporting derivative losses accounting from discrepancies in derivative ...
The IndusInd Bank incident has raised concerns over governance and compliance in banking, but experts suggest it may enhance ...
The recent IndusInd Bank saga brings to mind an important lesson from aviation —one that could help investors avoid financial ...
On March 7, three days before the derivatives losses were disclosed, IndusInd Bank received the RBI’s approval to reappoint ...
1dOpinion
Its forex positions were naked and not hedged, leading to losses. Also, the bank failed to apply mark-to-market accounting.
IndusInd Bank promoter Ashok Hinduja said that this is an opportune time for the promoters to raise their stake given the dip ...
IndusInd Bank's promoters, Hinduja Group, are looking to increase their stake despite a recent accounting discrepancy that ...
India's Indusind Bank secured Rs 110 billion rupees (USD 1.27 billion) through short-term notes, although at marginally elevated rates, in its initial fundraising following an accounting issue ...
India's IndusInd Bank raised 110 billion rupees ($1.27 billion) via short-term notes, but at slightly higher rates, in its ...
1d
Moodys has placed IndusInd banks baseline credit assessment under review for downgrade citing concerns of its ongoing ...
Sources aware of the matter say Gobind Jain, the bank’s CFO who stepped down on January 17, had a detailed exit interview ...
The bank has discovered a USD 175 million accounting discrepancy related to currency derivatives. Shares have dropped over 28 ...
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