IndusInd bank flags derivative portfolio discrepancy impacting 2.35% of its net worth
In an exchange filing low on details, the lender said it has appointed an external agency to crosscheck the internal finding.
10 March, 2025•2 min
0
10 March, 2025•2 min
0
More in Business
Business
Adani circles nuclear power as India rethinks the rules
As India prepares to throw open its nuclear sector to private players, the conglomerate is taking position. But the technology, economics and risks look far tougher than anything it has scaled so far.
You may also like
Business
Why Kotak Mahindra Bank is in a hurry to swallow IDBI
As growth flatlines, acquisition of the government-controlled lender may be the only way out for the Uday Kotak-promoted bank to stay relevant.
Business
Ujjivan has to change its DNA for a universal banking licence
Cutting its decades-old reliance on microfinance loans is the only way the SFB can meet the regulator’s conditions for transitioning to a full-fledged bank
Business
Karnataka Bank urgently needs a permanent CEO
For the past three months, the Mangaluru-based private sector lender hasn’t had a full-time chief executive. But finding a successor is as important as fixing the bank’s worrying financials.