Searched for
SUMANT KATHPALIA NEWS
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...
IndusInd Bank shares in focus as internal audit probes new accounting irregularitiesIndusInd Bank shares: A whistle-blower letter sent to the Reserve Bank of India and IndusInd Bank’s board just days before the RBI granted ...
Market has priced in pain; fresh leadership could drive IndusInd's rebuilding phase: Rahul MalaniI do not see any major negative reaction today. If there is this thing, then it should be a tactical idea to nimble in the stock because ti...
All about Sumant Kathpalia, who resigned from IndusInd Bank amid derivatives discrepancies rowSumant Kathpalia, IndusInd Bank's MD and CEO, resigned amidst a derivatives portfolio controversy. The resignation follows the bank's discl...
IndusInd Bank shares tumble 3% after management shakeoutIndusInd Bank faces a leadership crisis as MD & CEO Sumant Kathpalia resigns following accounting discrepancies in its derivatives portfoli...
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...
IndusInd Bank shares jump 6% after lower-than-expected impact flagged in audit of derivatives portfolioIn a post-market filing on Tuesday, IndusInd Bank disclosed that it had received a report from an external agency. This follows the bank’s ...
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 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...
Bank shares plunge 6%, more weakness likelyIn the past one month, the stock has plunged over 15% while Bank Nifty fell 3.53% in the same period. ICICI Securities downgraded IndusInd ...
IndusInd Bank’s networth could erode by Rs 1,577 crore following adverse disclosuresIndusInd Bank anticipates a Rs 1,577 crore reduction in net worth due to derivatives discrepancies. The bank has enlisted an external audit...
Stocks in news: Gensol Engineering, HCL Tech, Tata Power, NMDC, IndusInd BankTata Power's arm Tata Power Renewable Energy has signed a memorandum of understanding (MoU) with the government of Andhra Pradesh to collab...
Stocks in news: BEL, L&T, PNB, Nuvama Wealth, IDFC, IndusInd BankFabless chip company L&T Semiconductor Technologies expects manufacturing of semiconductor products designed by it to start in the next two...
IndusInd Bank sheds 3% as MD admits to procedural lapses in MFI lendingEarlier in the quarter, the bank faced allegations of loan ever-greening in the microfinance business it carries out through Bharat Financi...
ET Financial Inclusion Summit: Taking digital banking to rural IndiaThe rising prosperity in villages due to buoyant farm economy, diversified economic activities, rise of services businesses and the explosi...
IndusInd Bank shares tank 30% as Romesh Sobti retires as MD & CEOSumant Kathpalia will take over the reins from the veteran banker.
Kathpalia faces multiple challenges as IndusInd CEOTransition from retail banking to managing a bank with 46% of its loans in corporate or commercial banking will be Kathpalia’s number one c...