The dent in its books was caused by a September 2023 RBI communique spelling out how banks should value derivatives. It said ...

This move comes as the bank seeks to strengthen its funding position following the revelation of a Rs20bn accounting discrepancy in its derivatives book.

The lack of an external concurrent audit on IndusInd Bank's MTM derivative losses has exposed a significant vulnerability in ...

Moneycontrol reported that RBI had begun a review of derivative books of private and state-owned banks after IndusInd Bank ...

The RBI assures stability as IndusInd Bank addresses a one-time discrepancy, reinforcing the resilience of India's banking ...

The RBI’s conservative approach, sometimes criticised as overly cautious, has been India’s shield against global financial ...

SBM Bank India plans to launch unsecured credit cards, expand branch network, and target one million customers in two years.

The Reserve Bank of India (RBI) has appointed Indranil Bhattacharyya as Executive Director (ED), effective March 19, 2025, the banking regulator said in a statement. In his new role as ED ...

Over the years, multiple banks have come under regulatory scrutiny, dealt with financial setbacks, and triggered stock market ...

Sources aware of the matter say Gobind Jain, the bank’s CFO who stepped down on January 17, had a detailed exit interview ...

The brokerage firm has revised its target price downward from Rs 1,300 to Rs 1,000, which still implies a 47 per cent upside potential from current levels. Bernstein has valued IndusInd Bank at 1x its ...

Towards the end of February, the Reserve Bank of India (RBI) restored the risk weighting on banks loans to non-banking ...