Following CEO Sumant Kathpalia's resignation amid derivatives portfolio discrepancies, the RBI has approved IndusInd Bank's ...

An external agency appointed by IndusInd Bank to assess the root cause of discrepancies found in the lender’s derivatives portfolio has confirmed that the bank engaged in incorrect accounting of ...

IndusInd Bank's former CEO Sumant Kathpalia resigned in late April, taking moral responsibility for the discrepancies found ...

RBI cautious on IndusInd Bank promoters raising stake amid turmoil, investigations, and leadership changes, emphasizing ...

Bank of America surpasses Q1 '25 estimates with strong net interest income growth and trading results. Explore its attractive ...

IndusInd Bank CEO Sumant Kathpalia resigned from services of the bank with effect from the close of working hours on April 29 ...

Arun Khurana, deputy CEO of IndusInd Bank, has resigned with immediate effect, taking responsibility for the ₹1,960 crore ...

Alibaba's 2025 AI-driven share price surge is overshadowed by the mushrooming U.S. vs. China trade war, risking a Chinese ...

A day after the resignation of Induslnd bank’s Deputy CEO Arun Khurana in the wake of accounting lapses costing Rs 1,960 crore in the fiscal ended March 2025 to the lender, IndusInd Bank’s CEO Sumanth ...

“I wish to submit my resignation from the services of the Bank in relation to the ongoing Derivatives discussion ... of the treasury front office function. The impact was due to “incorrect ...

on account of incorrect accounting for internal derivative trades, I having oversight of the Treasury Front office function, as the Whole Time Director, Deputy CEO and a part of senior management ...

There is absolutely no question about the future of the bank. However, it is a good important lesson for all the financial ...