Sebi corrects its order on IndusInd Bank
IndusInd Bank: SEBI Just Hit the ‘Undo’ Button on That Whole Insider Trading Thing That, in a slightly more serious and less colorful nutshell, is ...
ICAI to review fin statements of IndusInd
Following recent turmoil stemming from incorrect derivative trade recognition, the Institute of Chartered Accountants of India (ICAI) will scrutinize IndusInd Bank’s financial statements. The Financial ...
Sebi bars former IndusInd Bank CEO Sumant Kathpalia, 4 others from accessing securities markets
Sebi has barred former IndusInd Bank CEO Sumant Kathpalia and four others from the securities market, impounding ₹19.78 crore. The regulator alleges they traded on ...
Sebi probing IndusInd Bank’s senior management for ‘egregious violations’
Sebi is investigating IndusInd Bank’s senior management for potential securities market violations related to a Rs 3,400 crore accounting fraud. The RBI is conducting the ...
First quarterly loss for IndusInd Bank in 19 years
IndusInd Bank’s Hiccup: A Rare Stumble After Nearly Two Decades of Smooth Sailing Okay, let’s talk about IndusInd Bank. They’ve been a steady presence in ...
IndusInd Bank posts record Rs 2,329 cr Q4 loss amid deep cleanup, leadership crisis
IndusInd Bank reported a record net loss of Rs 2,329 crore for the March quarter due to governance failures and misreporting. The bank faced increased ...
