IndusInd Bank faced a 2% decline in term and low-cost deposits due to discrepancies in forex derivatives accounting. Retail ...
IndusInd Bank ignored established Indian derivative accounting practices for years as it chased profit growth, resulting in a ...
IndusInd Bank's pursuit of profit led to a significant $175 million discrepancy in its balance sheet, stemming from improper ...
The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.