India's central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank ...

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

India's central bank is scrutinizing derivatives exposures of banks following IndusInd Bank's disclosure of accounting lapses ...

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

RBI states that the bank has already engaged an external audit team to review systems and assess actual impact.

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 ...

On March 10, the private sector lender had disclosed to the stock exchanges discrepancies in its derivatives portfolio, which could have an adverse impact of about 2.35 per cent of the bank’s net ...

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 ...

The Reserve Bank of India has asked lenders for details of their overseas borrowings and deposits as well as their forex hedge positions, the sources said. Sign up here. On Monday, private lender ...