IndusInd Bank has reported discrepancies in its derivatives portfolio related to transactions spanning the last 7-8 years.
Mutual funds own a 30.31% stake in IndusInd Bank at the end of the December 2024 quarter compared to 15.63% stake a year ago, ...
The largecap banking stock nosedived to a 5-year low of ₹649, the lowest level last seen in March 2020, while its m-cap ...
Brokerages are now concerned about the ripple effects on investor confidence amid the bank’s derivative portfolio setback ...
As the accounting discrepancy has come to light in March, a busy period for deposit mobilisation, it could hurt banks efforts to garner large deposits, bankers say ...
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