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...
16 May, 2025, 11.14 AM IST
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...
09 May, 2025, 10.39 PM IST
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...
08 May, 2025, 06.35 PM IST
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...
22 Apr, 2025, 08.24 PM IST
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...
22 Apr, 2025, 04.22 PM IST
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...
15 Apr, 2025, 09.25 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
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...
27 Mar, 2025, 05.30 AM IST
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...
26 Mar, 2025, 12.50 AM IST
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...
25 Mar, 2025, 12.36 PM IST
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...
17 Mar, 2025, 05.52 PM IST
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...
17 Mar, 2025, 11.17 AM IST
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....
16 Mar, 2025, 10.11 AM IST
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...
15 Mar, 2025, 12.51 PM 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
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 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.
05 Jun, 2021, 05.45 PM IST