SFIO launches investigation against IndusInd Bank for accounting discrepancies in derivatives portfolioSFIO has initiated an investigation into IndusInd Bank over discrepancies in its derivatives trades and certain balance sheet accounts. The...
24 Dec, 2025, 08.43 PM IST
Sebi bans former IndusInd executives over insider trading allegationsSebi has barred former IndusInd Bank executives, including the CEO, from trading due to alleged insider trading. They are accused of tradin...
29 May, 2025, 06.26 AM IST
Traders create fresh bearish derivative bets on IndusInd BankIndusInd Bank faces bearish sentiment as its CEO resigned amid forex derivative accounting discrepancies, leading to increased uncertainty....
01 May, 2025, 05.48 AM IST
IndusInd Bank constitutes committee of executives to run bank following CEO's resignationFollowing CEO Sumant Kathpalia's resignation over a Rs 1,960 crore derivatives portfolio accounting lapse, IndusInd Bank's board has formed...
30 Apr, 2025, 01.13 PM IST
IndusInd Bank CEO Sumant Kathpalia quits after derivatives discrepancies rowSumant Kathpalia resigned as MD and CEO of IndusInd Bank. This follows Arun Khurana's departure and RBI concerns. An investigation revealed...
29 Apr, 2025, 07.09 PM IST
IndusInd Bank to fix accountability, book Rs 1,960 cr loss in Q4 after derivatives probeIndusInd Bank will penalize employees for lapses in its derivatives portfolio and reorganize senior management roles to enhance accountabil...
27 Apr, 2025, 10.18 PM IST
IndusInd Bank names Santosh Kumar as Deputy CFO, relieves Arun KhuranaIndia's IndusInd Bank on Thursday named Santosh Kumar as its deputy CFO, with effect from April 18.Kumar will head the finance and accounts...
17 Apr, 2025, 07.57 PM IST
IndusInd surges as derivatives loss estimates allay concernsIndusInd stock ended 7.1% higher at ₹788.3 on Wednesday, while the benchmark BSE Bankex rose 1.4%. IndusInd shares have gained over 14% in ...
17 Apr, 2025, 05.50 AM IST
PwC pegs IndusInd Bank's losses at Rs 1,979 croreBased on the PwC report submitted on Tuesday, IndusInd Bank said it has assessed an adverse impact (on a post-tax basis) of 2.27% to the ba...
16 Apr, 2025, 05.42 AM IST
IndusInd had roped in KPMG and EY in early 2024 for treasury reviewIndusInd Bank's 2024 review by KPMG and EY highlighted discrepancies in treasury and derivatives accounting. Following a sharp 27% stock dr...
04 Apr, 2025, 11.17 AM IST
Leadership overhang, derivative issues prompt Emkay to exit IndusInd BankEmkay Global removed IndusInd Bank from its model portfolio, citing leadership uncertainty and derivatives accounting concerns. The brokera...
27 Mar, 2025, 02.51 PM IST
IndusInd Bank shares rise over 1% as Crisil, CARE hold off on ratings watchIndusInd Bank's shares surged 1.2% after Crisil decided against placing the lender on ratings watch, despite derivative discrepancies. Cris...
20 Mar, 2025, 09.43 AM IST
IndusInd auditors seek forensic scrutiny of derivatives portfolioIndusInd Bank's joint auditors requested a forensic audit of its derivatives portfolio due to discrepancies potentially impacting its net w...
15 Mar, 2025, 05.30 AM IST
ET Explainer: Internal trades & a hedge too farIndusInd Bank has reported discrepancies in its derivatives portfolio related to transactions spanning the last 7-8 years. These issues aro...
12 Mar, 2025, 05.44 AM IST
Is IndusInd turmoil a one-off or one of many? RBI wants to knowThe RBI is examining whether unhedged forex liabilities are an issue specific to IndusInd Bank or a broader banking problem. IndusInd Bank ...
12 Mar, 2025, 05.30 AM IST
Explained: Why Rs 1,577 crore discrepancy made Rs 15,000 crore hole in IndusInd Bank market valueIndusInd Bank stated that the accounting discrepancies will negatively affect its net worth by 2.35% as of December 2024. The post-tax impa...
11 Mar, 2025, 01.00 PM IST
IndusInd Bank shares hit by downgrades, target price cuts. What investors should doIndusInd Bank shares dropped 20%, hitting a 52-week low of Rs 720.50, after multiple brokerages downgraded the stock following an accountin...
11 Mar, 2025, 10.29 AM IST