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Page 6 - Indusind Bank

Crisil puts IndusInd Bank's long-term debt instrument on 'rating watch'

CRISIL puts Rs 5,500 crore worth of IndusInd Bank's bonds on rating watch with negative implications amid top exits, MFI audit, and Rs 1,960 crore derivatives loss

Crisil puts IndusInd Bank's long-term debt instrument on 'rating watch'
Updated On : 08 May 2025 | 11:38 PM IST

BFSI News Wrap: IndusInd Bank CEO resigns, SBI plans equity fundraise

IndusInd Bank CEO resigns over ₹2,000 cr derivatives loss IndusInd Bank MD & CEO Sumant Kathpalia resigned, taking ‘moral responsibility’ for ₹2,000 crore derivatives losses after an internal probe.

Icon YoutubeBFSI News Wrap: IndusInd Bank CEO resigns, SBI plans equity fundraise
Updated On : 02 May 2025 | 8:32 PM IST

IndusInd Bank increases FD rates: up to 8.25% for senior citizens

Senior citizens can get up to 8.25% interest; check out new features offered by the lender

IndusInd Bank increases FD rates: up to 8.25% for senior citizens
Updated On : 02 May 2025 | 5:46 PM IST

IndusInd Bank up 36% from April low. Buy, sell, hold? Check strategy here

Technically, the short-term trend for IndusInd Bank looks favourable; but chart cautions that stock may face challenges around its 100-DMA, and the weekly trend line resistance. Check key levels here

IndusInd Bank up 36% from April low. Buy, sell, hold? Check strategy here
Updated On : 02 May 2025 | 10:47 AM IST

After CEO exit, RBI okays IndusInd executives' panel to run the show

Analysts express reservation on appointment of a PSU banker as MD & CEO

After CEO exit, RBI okays IndusInd executives' panel to run the show
Updated On : 30 Apr 2025 | 11:01 PM IST

PM Modi's super cabinet meeting, Indusind Bank turmoil, Harvard University & more top

Today, PM Modi chaired a second meeting of the Cabinet Committee on Security after the Pahalgam terror attack. The Cabinet Committees on Political Affairs—known as the "Super Cabinet"

Icon YoutubePM Modi's super cabinet meeting, Indusind Bank turmoil, Harvard University & more top
Updated On : 30 Apr 2025 | 8:52 PM IST

RBI approves interim leadership team after IndusInd CEO Kathpalia quits

IndusInd Bank CEO Sumant Kathpalia resigned after audit firm Grant Thornton found nearly ₹2,000 crore in losses related to the bank's derivatives portfolio

RBI approves interim leadership team after IndusInd CEO Kathpalia quits
Updated On : 30 Apr 2025 | 1:18 PM IST

IndusInd Bank shares sink 3% as MD and CEO Kathpalia tenders resignation

The private lender's stock fell as much as 3.31 per cent during the day to ₹810.05 per share

IndusInd Bank shares sink 3% as MD and CEO Kathpalia tenders resignation
Updated On : 30 Apr 2025 | 10:41 AM IST

Stocks to Watch, April 30: Bajaj Finance, Trent, IndusInd, Ambuja, SBI

Stocks to Watch on Wednesday: Bajaj Finance, Trent, IndusInd, Ambuja, SBI, BPCL, Bajaj Finserv, CEAT and Infosys are among the stocks to watch today, April 30, 2025

Stocks to Watch, April 30: Bajaj Finance, Trent, IndusInd, Ambuja, SBI
Updated On : 30 Apr 2025 | 7:49 AM IST

IndusInd Bank MD and CEO Sumant Kathpalia resigns with immediate effect

Bank seeks RBI nod for panel to discharge CEO duties

IndusInd Bank MD and CEO Sumant Kathpalia resigns with immediate effect
Updated On : 29 Apr 2025 | 11:04 PM IST

Sumant Kathpalia resigns as IndusInd Bank CEO with immediate effect

This comes after Arun Khurana, Deputy Chief Executive Officer of IndusInd Bank, filed his resignation from the bank yesterday

Sumant Kathpalia resigns as IndusInd Bank CEO with immediate effect
Updated On : 29 Apr 2025 | 7:43 PM IST

IndusInd Bank rises 5th day in a row; up 41% since March low: Here's why

Shares of IndusInd Bank were on the rise today.It not only rallied over 2% in early trade today, but it has also recovered 41% from its March 12th low of ₹605.40.

Icon YoutubeIndusInd Bank rises 5th day in a row; up 41% since March low: Here's why
Updated On : 29 Apr 2025 | 7:00 PM IST

IndusInd Bank up for 5th straight day; gains 41% from March low, here's why

Arun Khurana, deputy CEO of IndusInd Bank, has resigned with immediate effect, taking responsibility for the ₹1,960 crore losses due to incorrect accounting of internal derivative trades.

IndusInd Bank up for 5th straight day; gains 41% from March low, here's why
Updated On : 29 Apr 2025 | 10:13 AM IST

IndusInd Bank's deputy CEO Arun Khurana quits over accounting lapses

This is the second high-profile exit from the bank in 2025

IndusInd Bank's deputy CEO Arun Khurana quits over accounting lapses
Updated On : 28 Apr 2025 | 11:42 PM IST

IndusInd Bank's deputy CEO Arun Khurana resigns amid accounting blunder

Based on the findings of an external agency's probe, IndusInd has estimated an impact of 2.27% on its net worth as of December 2024

IndusInd Bank's deputy CEO Arun Khurana resigns amid accounting blunder
Updated On : 28 Apr 2025 | 9:44 PM IST

Incorrect accounting of derivatives trades led to IndusInd Bank fiasco: GT

Cumulative adverse accounting impact on P&L at Rs 1,960 crore as of March 31, 2025

Incorrect accounting of derivatives trades led to IndusInd Bank fiasco: GT
Updated On : 27 Apr 2025 | 11:00 PM IST

IndusInd Bank's risk management, leadership under scanner: Moody's

Yes Bank's profitability remains lower vis-a-vis private peers

IndusInd Bank's risk management, leadership under scanner: Moody's
Updated On : 23 Apr 2025 | 6:46 PM IST

EY not involved in forensic audit of MFI business, says IndusInd Bank

Bank has not engaged EY to conduct a forensic audit of MFI biz, the lender clarified

EY not involved in forensic audit of MFI business, says IndusInd Bank
Updated On : 22 Apr 2025 | 8:30 PM IST

IndusInd Bank says conducting internal review of microfinance business

IndusInd's shares, which have fallen 13% since the derivative accounting lapse was disclosed, closed 5% lower on Tuesday

IndusInd Bank says conducting internal review of microfinance business
Updated On : 22 Apr 2025 | 5:28 PM IST

IndusInd Bank slides 6% on reports of EY probe into ₹600 crore discrepancy

IndusInd Bank's stock fell as much as 6.3 per cent during the day to ₹775.4 per share

IndusInd Bank slides 6% on reports of EY probe into ₹600 crore discrepancy
Updated On : 22 Apr 2025 | 11:28 AM IST