The recent turmoil in IndusInd Bank Ltd has prompted global brokerage CLSA to reduce its price target for the private sector ...
Hedging is a common financial strategy banks use to protect against risks such as currency fluctuations. However, if done incorrectly, it can create financial discrepancies and regulatory scrutiny.
IndusInd Bank on Tuesday fire fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves ...
The decline in IndusInd bank's stock was more pronounced beyond the wider market fall and came after accounting discrepancies ...
IndusInd Bank's shares plummeted 27% after the bank revealed a Rs 2,100 crore discrepancy in its derivatives portfolio, ...
IndusInd Bank, India's fifth-largest private lender, suffered a massive stock decline of over 27% following revelations of a ...
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Over the next few quarters, CLSA said that there will be lingering uncertainty over more skeletons in the closet and ...
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It should be noted that last week, the RBI had given nod to a year-long extension to the reappointment of current chief ...
The Reserve Bank of India (RBI) may favour appointing a public sector banker as the next head of IndusInd Bank, following its ...
Emkay Global said stock valuations at 0.8 times estimated FY26 book value have over-discounted the derivatives loss, but that ...
The lender lost over a quarter of its market cap in a single day. Thankfully, investors and depositors march to a different ...
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