India's central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank disclosed lapses in its derivatives accounting, three sources said on Wednesday.

IndoStar Capital Finance Limited took a decisive step forward in reducing stressed portfolio by approving a transaction for a ...

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

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 dent in its books was caused by a September 2023 RBI communique ... Social media chatter. Confusion. And then, the ...

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

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The Reserve Bank of India has also imposed a penalty of ₹10 lakh on KLM Axiva Finvest for non-compliance with requirements relating to declaration of dividends. In all cases, the central bank ...

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

India's net foreign liabilities increase as non-resident claims rise, while foreign assets of Indian residents decline significantly.

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 ...