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INDUSIND BANK DISCLOSURE
IndusInd Bank faces fresh whistleblower allegationsThe new complaint alleges insider trading by Samir Agarwal, former zonal head of eastern India at IndusInd Bank, manipulation of financial ...
Stocks in news: RIL, IDFC First Bank, Paytm, Sun Pharma, Manappuram FinanceIndian markets faced pressure extending a corrective phase. Key companies like RIL, IDFC First Bank, and Paytm reported their financial res...
IndusInd Bank appoints ex-SBI MD Arijit Basu as part-time Chairman; Sunil Mehta to step downIndusInd Bank has appointed Arijit Basu as Non-Executive Independent Director and Part-time Chairman for a three-year term starting January...
IndusInd reveals Rs 674 crore error in microfinance books, flags 'other' asset lapseIndusInd Bank addressed a whistleblower complaint regarding discrepancies in its financial records. The bank revealed that ₹595 crore in "o...
IndusInd Bank to look into 'insider trading' allegation after independent probeIndusInd Bank acknowledges an independent review flagged potential insider trading issues involving its CEO and deputy, who traded shares b...
IndusInd Bank executives traded shares before accounting disclosure, forensic review by GT showsA forensic review revealed that two IndusInd Bank executives traded shares while aware of undisclosed accounting irregularities, potentiall...
IndusInd ropes in EY to conduct another audit, to probe Rs 600 crore discrepancy in microfinance portfolioIndusInd Bank has appointed EY to conduct a forensic audit into a ₹600 crore discrepancy related to interest income in its microfinance por...
IndusInd clarifies no forensic audit by EY, bank's internal department reviewing MFI businessIndusInd Bank clarified on Tuesday that it has not appointed EY for a forensic audit, contrary to media reports. Instead, EY is assisting t...
IndusInd says derivative losses at Rs 1979 crore based on PWC reportIndusInd Bank disclosed a Rs 1979 crore loss in its derivative portfolio due to account discrepancies, as revealed in a PWC report. The ban...
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...
Insider trading shadow looms over IndusInd BankSebi is probing potential insider trading by senior IndusInd Bank officials following their derivative losses disclosure. The inquiry focus...
IndusInd Bank said to hire headhunter to find CEO, MDIndusInd Bank has enlisted Egon Zehnder to find a new CEO and deputy CEO, following accounting issues and an RBI decision that limited curr...
External auditor PwC may submit report on IndusInd Bank's accounting discrepancies on FridayExternal auditor PwC will submit a report detailing accounting discrepancies in IndusInd Bank's derivatives portfolio, which may affect 2.3...
IndusInd Bank depositors! Here's RBI's opinion on the bank's financial stateThe Reserve Bank of India has assured depositors of IndusInd Bank of its strong financial health and stability despite concerns about finan...
IndusInd Bank shares surge nearly 6% after RBI’s reassurance to depositorsIndusInd Bank share price: IndusInd Bank shares spiked nearly 6% after the RBI confirmed the bank's solid financial position, including a C...
IndusInd Bank stable, be wary of 'speculative reports,' says RBIReserve Bank of India has reassured the financial stability of IndusInd Bank, citing its solid capital adequacy and liquidity cover ratios....
RBI reassures depositors, states IndusInd Bank's financial health remains stableThe Reserve Bank of India reassured depositors that IndusInd Bank remains well-capitalized and financially stable. The bank's Capital Adequ...
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...
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...
IndusInd Bank to raise climate financing to 3.5% in 2 yearsThe bank has committed to reducing its specific carbon emission by 50 per cent over the next four years.