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

Hinduja emphasized that this is an opportune moment for the promoters to bolster the bank's capital base, especially in light ...

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

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

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

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

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

Ashok P Hinduja, Chairman of IndusInd International Holdings Ltd (IIHL), stated on March 18 that it is an ideal time for the ...

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

IndusInd Bank's derivative discrepancies raise concerns about corporate governance, impacting net worth by ₹1,530 crore, says Chairman Hinduja.

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

Ashok P Hinduja, Chairman of IIHL (IndusInd International Holdings Ltd) on March 18 said that it is an opportune time to increase the stake in the IndusInd Bank. "This is an opportune time as a ...