IndusInd Bank's accounting discrepancies may have a limited impact, quantified at 2.27% of net worth. Macquarie Research retains an 'outperform' rating with a target price of ₹1,210, indicating ...

The lower amount of financial hit that IndusInd Bank will take on its balance sheet due to discrepancies found in its derivatives book, as assessed by an external auditor, is seen as incrementally ...

Derivatives issue specific to IndusInd Bank, not an industry-wide problem, RBI review likely to say On March 12, Moneycontrol reported that RBI had begun a review of derivative books of private ...

It can be noted that Indusind was asked by the RBI to disclose its unaccounted losses, which the bank said would be 2.35% of its networth of Rs 64,000 crore as of December 2024, and which many ...

Just days after IndusInd Bank’s Rs 1,580 crore discrepancy came to the light, sources told Moneycontrol, the Reserve Bank of India (RBI) has begun a review of derivative books of both private ...

MUMBAI: Within days of the fiasco at Indusind Bank’s forex derivatives imploding with a Rs 2,000-crore likely hit on its bottom-line, the Reserve Bank (RBI) ask ...

India's central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank ...

India's central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank disclosed lapses in its derivatives accounting, three sources said on Wednesday.

The discrepancies in the derivatives book were identified by the September-to-October period, the bank's CEO Sumant Kathpalia said in a late evening conference call, after new rules on banks ...

MUMBAI: IndusInd Bank said valuation losses in its forex derivative contracts could impact the bank’s net worth by up to 2.4% or around Rs 1,530 crore. The announcement came hours after shares ...

IndusInd Bank faces ₹1,530 crore loss due to derivative discrepancies, leading to stock price cuts and CEO uncertainty. Bank expects final audit by external party to complete by April 2025 ...