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IndusInd Bank's interim management's swift actions aim to restore trust, supported by IIHL. Despite a significant loss due to ...
The stock rose 1.82 per cent at Rs 785.10. At this price, it has corrected 19 per cent on a year-to-date (YTD) basis.
Shares of India's IndusInd Bank rebounded from sharp falls on Thursday on bets that the worst was behind the private lender, ...
IndusInd Bank Ltd. backed by the billionaire Hinduja family, posted a bigger-than-expected loss in the three months to March, ...
The move comes after IndusInd Bank’s Managing ... that has eroded the private sector bank's net worth. In a stock exchange filing, the bank informed that the committee, comprising Soumitra Sen ...
After Kathpalia's exit, IndusInd Bank received approval from RBI to form a committee, which is led by Soumitra Sen (Head of consumer Banking ... of 2.27% to the Bank's Net Worth as of December ...
Appointed MD & CEO in March 2020, Kathpalia had succeeded Romesh Sobti, who had led the bank for over a decade. Prior to this, Kathpalia headed IndusInd’s consumer banking division and ... of 2.35 per ...
IndusInd Bank had earlier announced that there were certain accounting lapses in the derivative portfolio which could have a negative impact of 2.35 percent of the bank’s net worth, as of ...
April 29 (Reuters) - Indian private lender IndusInd Bank (INBK.NS), opens new ... a derivatives accounting lapse that has hit the bank's net worth. Kathpalia is the second top executive to resign ...
Weighed down by the development, IndusInd Bank shares dropped as much as 6.2% to ₹776.15 on the BSE. Early today, the banking stock opened lower by ... are estimated to have an impact of 2.27% on its ...
of 2.27% to the Bank’s Net Worth as of December 2024 on account of these discrepancies,” said IndusInd Bank through a regulatory filing. Another reason behind the rally in the stock price of ...
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