IndusInd Bank has assessed an adverse impact (on a post-tax basis) of 2.27 per cent to its net worth as of December 2024 on account of discrepancies relating to derivative deals.

Brokerages CLSA and Investec on Friday downgraded their recommendations on the IndusInd Bank stock a day after the lender flagged two more accounting issues in its internal audits.

India's IndusInd Bank said on Tuesday it estimates a 2.27% hit to its net worth as of December-end after an external agency found discrepancies in its accounts relating to derivative deals.

IndusInd Bank derivate discrepancy news: Taking suo motu cognisance of the accounting discrepancies worth around Rs 2,000 crore disclosed by IndusInd Bank in its forex derivative portfolio, the ...

IndusInd Bank's shares dropped 20% on Tuesday, reaching a new 52-week low of Rs 720.50. Multiple brokerages have reduced their ratings and price targets following the discovery of accounting ...

Shares of IndusInd Bank Ltd. 532187 slid 1.16% to 840.80 Indian rupees Wednesday, on what proved to be an all-around rough ...

IndusInd Bank promoter Ashok Hinduja plays down discrepancies; says “nothing wrong with management” The IndusInd Bank promoter seem unfazed by the derivative discrepancies in the book.

MUMBAI, March 26 (Reuters) - India's IndusInd Bank (INBK.NS), opens new tab garnered $2 billion in higher-cost bulk deposits in March, its biggest monthly haul in at least two years, as the lender ...

Over FY26-27E, Aggarwal expects IndusInd Bank to report average around 1.2 percent RoA (return on assets), while in the past, the bank delivered an average 1.7 to 1.8 percent RoA over FY23-24.

Shares of IndusInd Bank tumbled nearly 19 per cent on Friday, set for their worst day in over four years after the lender warned it would miss its full-year loan growth target, becoming the latest ...

The Reserve Bank of India (RBI) reassured depositors and stakeholders about IndusInd Bank’s financial health, saying that the bank is well-capitalised and remains stable despite ongoing concerns.