IndusInd Bank Shares Plunge 27% Amid Rs 2,100 Crore 'Accounting Lapse' - What's Next?
IndusInd Bank's shares plummeted 27% after the bank revealed a Rs 2,100 crore discrepancy in its derivatives portfolio, accumulated over 5-7 years. CEO Sumant Kathpalia assured investors that the bank has sufficient reserves to absorb the impact.
IndusInd Bank – The Whys and Hows behind the “Accounting discrepancy”
Accounting ‘Glitch’ or Red Flag? IndusInd Bank’s ₹1,500 Crore Shocker Explained. 27% Crash in a Day: The Hidden Accounting ‘Glitch’ That Shook IndusInd Bank.
0% return in 10 years: CA highlights case of IndusInd Bank share saying Rs 1,000 in 2014, would still be Rs 1,000 in 2025
IndusInd Bank, India's fifth-largest private lender, suffered a massive stock decline of over 27% following revelations of a significant accounting discrepancy in its forex derivative transactions. The issue,
IndusInd Bank's shares slide; CEO says quarterly profit on track despite accounting gaps
By Siddhi Nayak and Nandan Mandayam (Reuters) -Indian private lender IndusInd Bank will report a profit for the fourth quarter and the full financial year 2025, its CEO told CNBC-TV18 on Tuesday, after discrepancies in its derivatives accounts sent its shares tumbling.
IndusInd Bank shares get another 30% price target cut; CLSA warns of this key trigger
CLSA cautioned that uncertainty may persist over the next two to three quarters, with fears of additional financial issues and questions surrounding management stability.
IndusInd Bank Share Price Live Updates: IndusInd Bank Trading Volume Overview
Discover the IndusInd Bank Stock Liveblog, your ultimate resource for real-time updates and insightful analysis on a prominent stock. Keep track of IndusInd Bank with the latest details, including: Last traded price 676.
IndusInd Bank says its net worth to take 2.35% hit on discrepancies in derivative accounts
Indian private lender IndusInd Bank said on Monday it expects a 2.35% decline in its net worth as of December 2024, due to some discrepancies in its accounts found during an internal review.
IndusInd Bank share price falls to a one-year low after RBI grants CEO only a single-year extension
This is the second consecutive time that the RBI approved a shorter tenure for Kathpalia than what the board proposed.
IndusInd Bank Crisis: RBI steps in, tells board to nominate external candidates for COO, CEO posts
It should be noted that last week, the RBI had given nod to a year-long extension to the reappointment of current chief ...
India central bank probing banks' derivatives books amid IndusInd fallout, sources say
India's central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank ...
'Barring a cat bounce': What Emkay says on IndusInd Bank share, once its top pick for 2025
Emkay Global said stock valuations at 0.8 times estimated FY26 book value have over-discounted the derivatives loss, but that ...
Mint Explainer: How IndusInd Bank slipped up on foreign currency hedging
IndusInd Bank disclosed discrepancies in accounting for foreign currency derivative trades over a period of five to seven ...
India's IndusInd Bank slumps over 22% as accounting gap raises earnings concerns
By Nandan Mandayam and Siddhi Nayak (Reuters) -Shares of Indian private lender IndusInd Bank fell more than 22% to an over ...
IndusInd Bank Share Price Highlights: Stock ends 4% higher, tops Nifty 50 gainers amid volatile market
IndusInd Bank Shares Today, IndusInd Bank Stock Price News & Updates: Shares of IndusInd were in focus today as it staged ...
NewsBytes16h
RBI reviewing derivative positions of banks after IndusInd's forex fiasco
After the discrepancies were revealed, IndusInd Bank's stock fell over 27%. Chairman Ashok Hinduja assured investors that he ...
IndusInd Bank crash: 'If you had invested Rs 1,000 in Sep 2014...", financial planner sheds light its performance
IndusInd Bank Ltd. saw its shares rise by 4.43% on Wednesday, closing at Rs 685 on the NSE. The stock has experienced a ...