Page 7 - Indusind Bank

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

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

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

IndusInd Bank MD and CEO Sumant Kathpalia resigns with immediate effect

Bank seeks RBI nod for panel to discharge CEO duties

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

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.

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'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 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

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

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

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

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

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 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 elevates Santosh Kumar as deputy CFO effective April 18

Kumar to lead bank's finance and accounts functions

Banks' shares surge on marginally lower than expected hit on net worth

Bank's shares jump 7%; focus now shifts to forensic audit report

IndusInd Bank up 13% in 3 days as PwC pegs lower impact in derivative biz

With the estimates by the external agency in-line with the management's announcement, it is expected to restrict any major downside, ICICI Securities said.

Stocks to Watch Today, April 16: IndusInd Bank, ICICI Lombard, IREDA

Stocks to Watch Today, April 16: IndusInd Bank, Adani Total Gas, ICICI Lombard, IREDA are some of the top stocks to watch today

Trading guide, April 16: Global mkts, China GDP, Q4 results, IndusInd Bank

Stock Market Today, April 16, 2025: GIFT Nifty futures indicated a negative start. As of 6:57 AM, GIFT Nifty futures were down 63 points at 23,278

External audit agency uncovers Rs 1,979 crore impact on IndusInd Bank

The bank said it received the report from the external agency on April 15