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INDUSIND BANK DISCREPANCY
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 ...
IndusInd Bank back in black for Q4 with Rs 594 cr profit; provisions, slippages fallIn a remarkable financial turnaround, IndusInd Bank reported a net profit of ₹594 crore for the quarter ending March 2026. This surge was l...
SFIO widens probe into IndusInd Bank; summons audit firms over ₹2,000 crore derivatives irregularitiesThe Serious Fraud Investigation Office is investigating IndusInd Bank's derivatives portfolio. Major audit firms associated with the bank o...
IndusInd Bank shares in focus after Sebi bans former executives in insider trading caseIndusInd Bank shares come under the spotlight after Sebi barred five former senior executives, including ex-CEO Sumant Kathpalia, for alleg...
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...
NFRA gets complaint against audit lapses at IndusInd BankNational Financial Reporting Authority received a complaint against IndusInd Bank. The complaint is about accounting issues in forex deriva...
External agency flags Rs 1,979 crore discrepancy in IndusInd Bank's derivatives portfolio, net worth hit by 2.27%An external agency has reported discrepancies in IndusInd Bank's derivatives portfolio estimating a negative impact of Rs 1,979 crore as of...
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...
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 goes for 'comprehensive' forensic audit"The scope of this new investigation is much wider and deeper, covering the entire bank, and will also address any lapses in accounting, in...
'Factually incorrect': IndusInd Bank refutes media report on CEO, deputy stepping down after accounting lapsesIndusInd Bank denies media reports suggesting the RBI asked its CEO and Deputy CEO to step down due to accounting issues. The bank, which r...
IndusInd Bank to appoint independent firm to investigate discrepancies in derivative accountsIndusInd Bank has announced that it will hire an independent professional firm to conduct a thorough investigation into discrepancies relat...
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...
Crisil holds off on rating watch for IndusInd Bank, awaits external agency's findings on derivatives discrepanciesCrisil refrains from placing IndusInd Bank on ratings watch but awaits the external agency's report to gauge the discrepancies in the deriv...
IndusInd Bank shares gain 2% as Ashok Hinduja rules out fresh capital raise, hints at promoter stake hikeIndusInd Bank share price: IndusInd Bank shares rose after Ashok Hinduja, Chairman of IndusInd International Holdings Ltd, stated that the ...
IndusInd Bank hasn't sought any capital; opportune time for promoters to up stake: Ashok HindujaIndusInd Bank, despite an accounting discrepancy that revealed a potential Rs 2,100 crore impact, has adequate capital and hasn't sought fr...
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...
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...
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 faces Rs 2,000-crore net worth hit over derivative discrepanciesThis anticipated erosion in net worth, which the lender estimated at 2.35% of the total, follows Monday's disclosures on discrepancies in d...