Sebi corrects its order on IndusInd Bank – Times of India
Sebi has corrected its May 28 order on IndusInd Bank to clarify that KPMG was appointed through an 'engagement note' signed by CFO and executives Arun Khurana and Sumant Kathpalia,…
Sebi bars former IndusInd Bank CEO Sumant Kathpalia, 4 others from accessing securities markets – Times of India
NEW DELHI: Securities and Exchange Board of India (Sebi) issued directives on Wednesday prohibiting Sumant Kathpalia, former CEO of IndusInd Bank, and four other individuals from participating in securities market…
Bank stocks on a surge: IndusInd bank led the rally with over 6% – Times of India
Banking stocks stole the spotlight on Tuesday as the broader markets continued their winning streak, driven by a mix of interest rate cuts and improved investor sentiment.IndusInd Bank was the…
IndusInd loan book shrinks by 5% in Q4 – The Times of India
MUMBAI: IndusInd Bank reported a slight year-on-year rise in net advances and deposits for the quarter ended March 2025, even as sequential trends reflected a slowdown in loan growth.The bank's…
IndusInd to appoint external agency to probe discrepancies – The Times of India
MUMBAI: IndusInd Bank's board has decided to appoint an external agency to conduct a comprehensive investigation into discrepancies identified in its derivative portfolio.On March 10, the bank disclosed that there…
IndusInd may have inflated its interest income: Reports – The Times of India
MUMBAI: IndusInd Bank may have overstated its net interest income in preceding quarters, research reports by brokerage houses said. As a result, the lender will take a significant hit in…
IndusInd Bank says net worth to take 2.35% hit due to account discrepancies – The Times of India
Private bank, IndusInd Bank on Monday said that it expects a 2.35% decline in its net worth by December 2024, following discrepancies uncovered during an internal review of its accounts,…
Buy calls: Top stock recommendations for February 18, 2025 – The Times of India
Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head - Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, IndusInd Bank and Cipla are the top…
IndusInd profit down 39% on microfin woes – The Times of India
MUMBAI: IndusInd Bank reported a 39% drop in net profit to Rs 1,402 crore in the Dec quarter, down from Rs 2,301 crore a year ago. The decline was driven…
Latest Fixed Deposit Rates: 5 banks revise FD rates in September – check list – Times of India
Several banks have adjusted their fixed deposit interest rates during the month of September. (AI image) Fixed deposits provide a reliable investment opportunity with interest rates that surpass those of…