IndusInd Bank
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Business
Sebi Investigates Senior Management of IndusInd Bank
The Securities and Exchange Board of India (Sebi) has launched an investigation into alleged accounting fraud involving senior management at…
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Business
IndusInd Bank Receives Support from Promoter Hindujas Amid Ongoing Investigation
Amid an ongoing investigation by the Securities and Exchange Board of India (Sebi), IndusInd International Holdings (IIHL), the original promoter…
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Business
IndusInd Bank Reports Significant Q4 Loss of Rs 2,329 Crore Amid Challenging Conditions
Fraud-hit IndusInd Bank has reported a staggering net loss of ₹2,329 crore for the March quarter, marking its worst financial…
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Business
IndusInd Bank Reports First Quarterly Loss in Nearly Two Decades
IndusInd Bank has reported a significant quarterly loss of Rs 2,236 crore for the three months ending March 2025, marking…
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Business
IndusInd Bank and Kotak Mahindra Bank Update Fixed Deposit Rates
IndusInd Bank and Kotak Mahindra Bank have recently made significant adjustments to their fixed deposit interest rates, reflecting the evolving…
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Business
IndusInd Bank Faces Major Accounting Setback
IndusInd Bank has revealed significant accounting discrepancies in its derivative portfolio, which are projected to negatively impact its net worth…
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Business
RBI Affirms IndusInd Bank’s Stability Amid Concerns
The Reserve Bank of India (RBI) has issued a statement reassuring depositors and stakeholders about the financial health of IndusInd…
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Business
IndusInd Bank Faces 2.35% Net Worth Decline
IndusInd Bank has announced a projected 2.35% decline in its net worth by December 2024, following discrepancies identified during an…
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Business
IndusInd Bank Faces Stock Plunge Amid Accounting Scandal
India’s financial landscape was rocked on Tuesday as shares of IndusInd Bank plummeted by 25%, reaching a 52-week low of…
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Business
IndusInd Bank Takes Bold Steps to Tackle Non-Performing Loans
IndusInd Bank is making significant moves to address its financial challenges. The bank has announced an auction of non-performing microfinance…
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