External auditor PwC has submitted its report on IndusInd Bank Ltd.'s accounting discrepancies to the private lender's board, ...
IndusInd Bank's net interest income (NII) is seen falling 7 per cent YoY to Rs 5,000 crore from Rs 5,376 crore YoY.
IndusInd Bank CEO Sumant Kathpalia sold nearly 950K shares valued at approximately Rs 134 cr, while Dy CEO Arun Khurana sold ...
The fact that long-standing derivatives accounting discrepancies remained undetected for 5–7 years raises concerns over ...
The Reserve Bank of India has urged the CEO of IndusInd Bank and his deputy to step down after significant accounting lapses ...
The Reserve Bank of India has urged the CEO of IndusInd Bank and his deputy to step down after significant accounting lapses ...
Following the disclosure of the derivatives portfolio discrepancies, Kathpalia had acknowledged that the RBI had expressed ...
IndusInd Bank on Sunday denied media reports suggesting that its Chief Executive Officer (CEO) Sumant Kathpalia may be ...
A formal search process to fill top managerial positions ---also referred as material risk takers (MRT) in banking parlance - ...
Records show heavy transactions by insiders led by CEO Sumant Kathpalia and his deputy Arun Khurana in the three quarters ...
The board will need to come up with replacement by October, adding that it is unclear if only external names will form part ...
The bank, headed by Sumant Kathpalia, has appointed external investigators. His deputy, Arun Khurana, also heads the global ...