MUMBAI: The Reserve Bank is likely to clear the name of the next chief executive of the troubled Indusind Bank, which has been headless since late April after both its CEO and deputy CEO quit owning ...

The recent upheaval at IndusInd Bank has raised red flags about the accountability of the board. A new CEO, to be picked soon ...

IndusInd Bank Ltd. closed 42.70% short of its 52-week high of 1,498.70 rupees, which the company achieved on September 19th.

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

The full-year performance of IndusInd Bank (IIB) for FY25 was adversely impacted due to accounting discrepancies detected during the fiscal. It absorbed the carryover losses accumulated due to ...

IndusInd Bank has suffered a consolidated net loss of ₹ 2,328.87 crore during the fourth quarter of 2024-25 as the bank engaged in a clean-up of its balance sheet in the wake of discrepancies in ...

IndusInd Bank: Based on the findings of the external agency report, the private bank has assessed an adverse post-tax impact of 2.27 per cent on its net worth as of December 2024, attributable to ...

IndusInd Bank on Tuesday disclosed that an external audit has identified a Rs 1,979 crore negative impact to its net worth stemming from discrepancies in its derivatives portfolio.

IndusInd Bank ignored established Indian derivative accounting practices for years as it chased profit growth, resulting in a $175 million balance-sheet hole and the biggest crisis for the lender ...

The RBI, in its zeal to prevent a run on the bank, has unwittingly created a free pass for accounting shenanigans and fraud. Is IndusInd Bank too big to fail?

Shorts might be forced to beat a hasty retreat for now from IndusInd Bank counter as banking regulator steps in to calm depositor panic and investors eye short-term returns post drawdown from high ...