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 ...

External auditor PwC has submitted its report on IndusInd Bank Ltd.'s accounting discrepancies to the private lender's board, ...

The board will need to come up with replacement by October, adding that it is unclear if only external names will form part ...

IndusInd Bank CEO Sumant Kathpalia sold nearly 950K shares valued at approximately Rs 134 cr, while Dy CEO Arun Khurana sold ...

IndusInd Bank on Sunday denied media reports suggesting that its Chief Executive Officer (CEO) Sumant Kathpalia may be ...

Following the disclosure of the derivatives portfolio discrepancies, Kathpalia had acknowledged that the RBI had expressed ...

The Reserve Bank of India (RBI) has approved re-appointment of Sumant Kathpalia as MD, CEO of IndusInd Bank for a period of one year with effect from March 24, 2025, according to an exchange filing.

IndusInd Bank may see a new CEO, replacing Sumant Kathpalia, in six months and once the potential names are submitted with ...

IndusInd Bank termed the reports as ‘factually inaccurate’ and strongly denied the claims made in the media reports.