RBI directs IndusInd to complete remedial action this month; assures customers of bank's stability
IndusInd Bank faces accounting discrepancy, RBI assures stability, directs remedial action to be completed by month-end.
ICAI to look into IndusInd Bank’s financial statements
Chartered accountants' apex body ICAI may review the financial statements of IndusInd Bank, which is grappling with ...
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Auditors Call for Forensic Investigation into IndusInd Bank's Derivatives Portfolio
In a significant development regarding the ongoing IndusInd Bank crisis, the joint auditors of the Hinduja Group-promoted ...
RBI issues statement on ₹2,100 crore accounting error at IndusInd Bank
According to media reports, Institute of Chartered Accountants of India (ICAI) is expected to review IndusInd Bank's ...
Financial position of IndusInd Bank bank remains satisfactory, RBI says
There has been some speculation relating to IndusInd Bank Ltd. in certain quarters, perhaps arising from recent events ...
RBI reassures depositors, states IndusInd Bank's financial health remains stable
The Reserve Bank of India reassured depositors that IndusInd Bank remains well-capitalized and financially stable. The bank's ...
Institute of Chartered Accountants of India likely to review IndusInd Bank’s books
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 ...
IndusInd auditors seek forensic scrutiny of derivatives portfolio
IndusInd Bank's joint auditors requested a forensic audit of its derivatives portfolio due to discrepancies potentially ...
ICAI may review fin statements of IndusInd
ICAI may review IndusInd Bank's financial statements after the bank disclosed a Rs 2,100 crore discrepancy in its derivatives ...