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FOREX DERIVATIVES DISCREPANCY
Was it a 'fraud'? Auditors ask IndusInd BankIndusInd Bank faces scrutiny as auditors demand clarity on its derivative accounting discrepancy, potentially classifying it as fraud. The ...12 May, 2025, 08.16 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
- Moody’s expected to announce IndusInd Bank rating decision within 2 monthsMoody's is scrutinizing IndusInd Bank's risk management and leadership transition, following revelations of accounting discrepancies in for...24 Apr, 2025, 12.12 PM IST
- PwC wraps up IndusInd Bank’s accounting review; forensic probe by Grant Thornton underwayPwC has concluded its accounting review of IndusInd Bank's derivatives portfolio, submitting draft findings to management amidst discrepanc...12 Apr, 2025, 05.30 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 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
- ICAI may review financial statements of IndusInd Bank amid accounting discrepanciesICAI may review the financial statements of IndusInd Bank following a discrepancy of Rs 2,100 crore in its derivatives portfolio. The Finan...13 Mar, 2025, 11.42 PM IST
- NSE puts IndusInd Bank under additional surveillance after derivatives discrepanciesPrivate lender IndusInd Bank's stock has been put under short term Additional Surveillance Measure (ASM) - Stage 1 by the NSE. The decision...13 Mar, 2025, 07.24 PM 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
- Why IndusInd Bank shares fell 25%: Bank's big discrepancy explained in 5Ws & 1HIndusInd shares plunged 20% after reporting accounting discrepancies in its derivatives portfolio. The drop triggered investor concerns abo...11 Mar, 2025, 09.49 PM IST
- IndusInd Bank to see profit in Q4 even after derivatives losses: MD & CEO Sumant KathpaliaIndusInd Bank CEO Sumant Kathpalia assured profitability in Q4FY25 despite derivative losses. He confirmed the bank's Capital Adequacy Rati...11 Mar, 2025, 06.51 PM IST
- LIC's holding value in IndusInd Bank falls by Rs 894 crore as stock falls 26%Life Insurance Corporation’s (LIC) holding in IndusInd Bank lost ₹894 crore in value after the bank’s stock fell 26% amid concerns over for...11 Mar, 2025, 05.50 PM IST
- I am a nervous investor in banks, says Devina Mehra after IndusInd Bank crashIndusInd Bank crash: Devina Mehra reiterated her cautious stance on banking stocks after IndusInd Bank shares crashed 27% due to forex deri...11 Mar, 2025, 04.10 PM IST
- IndusInd Bank promoters pledge full support, ready to inject capital if needed: Chairman Ashok HindujaIndusInd Bank reassured investors that its Rs 1,500-1,600 crore derivatives loss will be managed effectively. Shares plunged 26% after the ...11 Mar, 2025, 03.01 PM 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
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