2025-05-21Niranjan Ghatule
IndusInd Bank reported a surprising net loss of ₹2,329 crore in Q4 FY25, marking its first quarterly loss in 20 years. The loss was primarily driven by a ₹2,000 crore hit in the derivatives segment and accounting lapses in the microfinance business.
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2025-05-20Niranjan Ghatule
Emirates NBD has received approval from the Reserve Bank of India to set up a wholly-owned subsidiary in India, a move that could significantly impact the ongoing IDBI Bank stake sale. With the government and LIC planning to divest a 60.72% stake, Emirates NBD is now seen as a strong contender, especially as regulatory concerns weigh on rival bidder Fairfax
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