IndusInd Bank attributed the losses partly to the Reserve Bank of India’s September 2023 directive prohibiting internal trades and hedging practices, which it ceased on April 1, 2024.

IndusInd Bank's internal audit team was reviewing "certain concerns" in the Indian lender's microfinance business, the company said on Tuesday, about a month after it reported discrepancies in its ...

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

A Reuters review of employee trading data provided by India's National Stock Exchange showed that between March 2024 and IndusInd Bank's March 10, 2025 disclosure, then CEO Kathpalia sold the bank ...

MUMBAI: The Reserve Bank is likely to clear the name of the next chief executive of the troubled Indusind Bank, which has ...

Shares of Indusind Bank closed at Rs 688.75 on Friday, up by 1.53%. The controversy stems from IndusInd Bank’s March 10 disclosure of derivative losses worth Rs 2,100 crore, triggered by ...

IndusInd Bank has been embroiled in accounting lapses, fraud in microfinance portfolio and balance sheet disclosures during the March quarter of FY'25, which triggered an internal audit review ...

ICAI president Charanjot Singh Nanda said the review is being handled by the Financial Reporting Review Board (FRRB), which will examine financial records of IndusInd Bank for 2023–24 and 2024 ...

IndusInd Bank has proposed three candidates to the Reserve Bank of India for the role of managing director and CEO. Rajiv ...

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