Indusind bank News.

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IndusInd Bank in Turmoil: Stock Hits 15% Lower Circuit Amid Accounting Flaw Revelation

2025-03-11 Niranjan Ghatule

This article discusses IndusInd Bank's stock hitting a 15% lower circuit following the disclosure of discrepancies in its derivative portfolio accounts. The bank estimated a ₹2,000 crore hit to its net worth, attributing the issue to a process flaw in FX hedge accounting that understated costs.

IndusInd Bank Shares Drop 5% as RBI Approves CEO Reappointment – Here is What Brokerages Says

2025-03-10 Niranjan Ghatule

IndusInd Bank shares fell 5% after the Reserve Bank of India (RBI) approved the reappointment of CEO Sumant Kathpalia for only one year. This has raised concerns over leadership stability, prompting brokerages to revise their outlook on the stock.

IndusInd Bank in Turmoil: Stock Hits 15% Lower Circuit Amid Accounting Flaw Revelation

IndusInd Bank Shares Drop 5% as RBI Approves CEO Reappointment – Here is What Brokerages Says

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