The Reserve Bank of India has urged the CEO of IndusInd Bank and his deputy to step down after significant accounting lapses as soon as replacements are found and the central bank has approved them, ...
Shares of IndusInd Bank Ltd dropped 8 per cent in Wednesday's trade and were on the verge of falling to sub-Rs 600 level, before a recovery erased entire losses. The stock gained as promoter ...
A day after plunging 27 per cent, shares of IndusInd Bank Ltd are in focus on Wednesday after the CEO Sumant Kathpalia at the private lender reportedly said that his bank was looking to offset the ...
Recent developments at IndusInd Bank, including discrepancies in its derivatives portfolio and uncertainties surrounding its leadership—most notably, CEO Sumant Kathpalia’s tenure extension being cut ...
India’s stock market witnessed a sharp jolt on Tuesday as shares of IndusInd Bank plummeted by 25%, hitting a 52-week low of ₹674.55. The bank’s market capitalization eroded by approximately ...
IndusInd Bank share came under heavy selling pressure on Tuesday after a massive discrepancy in the private bank's derivative portfolio invited a string of downgrades from analysts amid low earnings ...
IndusInd shares plunged 20% after reporting accounting discrepancies in its derivatives portfolio. The drop triggered investor concerns about the bank’s internal controls and resulted in a potential ...
IndusInd Bank Stock Crash: An unprecedented 27 per cent slide in IndusInd Bank shares cost investors almost Rs 19,060 crore on Tuesday. What triggered it? On Monday, the private lender’s management ...
IndusInd Bank shares plunged 25%, marking a 52-week low after the bank revealed accounting discrepancies in its derivatives portfolio. This triggered investor panic, leading to a severe drop in ...
IndusInd Bank shares in the last one year have lost over 53 per cent, while its year-to-date return is -25 per cent. IndusInd Bank shares in Tuesday's trade declined as there have been found ...
Shares of IndusInd Bank nosedived 27.17 per cent to close at Rs 655.95 on the BSE. During the day's trade, the stock had hit its 1 year low of Rs 649 a piece, down 28 per cent over Monday's ...
IndusInd Bank has been in deep soup since it disclosed a Rs 1,580 crore discrepancy in its derivatives portfolio, which could hit its net worth by approximately 2.35 per cent as of December 2024.
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