India's IndusInd Bank chiefs urged to step down, sources say; bank denies report
The Reserve Bank of India has urged the CEO of IndusInd Bank and his deputy to step down after significant accounting lapses ...
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India’s IndusInd Bank raises Rs110bn through certificates of deposit
This move comes as the bank seeks to strengthen its funding position following the revelation of a Rs20bn accounting ...
Are your bank deposits insured if bank fails? Up to Rs 5 lakh deposit insurance scheme explained
Bank depositors are covered by the DICGC's insurance scheme up to Rs 5 lakh per account. Strategically distributing deposits ...
IndusInd Bank CEO, deputy to exit within months after accounting lapses, sources say
The Reserve Bank of India has asked IndusInd Bank CEO Sumant Kathpalia and his deputy to step down after significant ...
Stock to watch: IndusInd Bank shares to be in focus on Monday; Here’s why
After the private lender’s accounting lapse was disclosed, shares of IndusInd Bank have been on a downtrend, tumbling 33 per ...
IndusInd Bank refutes ‘factually incorrect’ media reports claiming CEO, deputy to exit after accounting lapses
IndusInd Bank termed the reports as ‘factually inaccurate’ and strongly denied the claims made in the media reports.
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IndusInd Bank appoints Grant Thornton for fraud checks in accounting discrepancy case: Sources
IndusInd Bank has appointed Grant Thornton to conduct a forensic review into the accounting discrepancy case, sources told ...
What's behind the fiasco at IndusInd Bank?
Mumbai: IndusInd's guarded statements. A flurry of accounting jargon. A maze of derivative deals behind the numbers. Social ...