Regulatory authorities continue to advance initiatives to improve the efficiency and sophistication of global securities ...

As the story plays out amid rating action and a 24% fall in the stock, the declaration of the bank's derivative losses, ...

On March 7, three days before the derivatives losses were disclosed, IndusInd Bank received the RBI’s approval to reappoint ...

The lack of an external concurrent audit on IndusInd Bank's MTM derivative losses has exposed a significant vulnerability in ...

When the extent of the financial impact of wrong accounting of derivative instruments cannot be confirmed even now, what ...

raises a number of questions. The sharp sell-off followed the lender’s disclosure of accounting discrepancies related to its derivative trades, triggering a spate of analyst downgrades. The biggest ...

Shares of one of India's largest private lenders crashed 26 percent on Tuesday after the bank reported discrepancies in its derivatives portfolio, resulting in an estimated impact of 2.35 percent ...

The timing of this disclosure is questionable, leaving key questions unanswered ... of its net worth due to a change in the valuation of derivatives transactions. The bank would book this impact ...

The bank disclosed that these discrepancies stem from internal derivative trades that failed ... stated that the situation raises serious questions about the bank’s internal processes, while ...

This has raised questions about the robustness of IndusInd ... Bank's disclosure of a significant financial discrepancy within its derivative portfolio has led to a sharp decline in its stock ...

The estimated hit of about ₹1,500 crore to the balance sheet due to discrepancies in the accounting of derivatives portfolio, shorter tenure approved by the regulator to the CEO, and concerns on ...

These derivative trades took place over five to seven years ago ... he said that IndusInd Bank is in the process of getting deeper answers on these questions. In September 2023, the RBI said that ...