This move comes as the bank seeks to strengthen its funding position following the revelation of a Rs20bn accounting discrepancy in its derivatives book.

The RBI’s conservative approach, sometimes criticised as overly cautious, has been India’s shield against global financial contagion.

Mutual fund holdings in IndusInd Bank declined by 7.4% to ₹20,020 crore. The number of IndusInd Bank shares held by fund ...

IndusInd Bank shares rose 1.5% to Rs 687.45 on Tuesday, March 18, after Moodys reaffirmed its 'Ba1' rating. The bank also ...

Sources aware of the matter say Gobind Jain, the bank’s CFO who stepped down on January 17, had a detailed exit interview ...

IndusInd bank issued CDs with maturities ranging from three months to one year, priced between 7.80% and 7.90% ...

This surge in the stocks followed an announcement from the RBI on Saturday, wherein, the regulator reassured depositors that ...

Moodys has placed IndusInd banks baseline credit assessment under review for downgrade citing concerns of its ongoing ...

Moody's has placed IndusInd Bank's baseline credit assessment under review for a possible downgrade following the bank's ...

Moody's has placed IndusInd Bank's baseline credit assessment under review for downgrade due to concerns over internal ...

Moody's has placed IndusInd Bank's baseline credit assessment under review for a possible downgrade following a Rs 2,100 crore accounting discrepancy. The RBI has assured customers that the bank ...

The RBI has advised depositors and investors not to react to unverified reports regarding IndusInd Bank and instead trust official statements and regulatory updates.