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IndusInd Bank

IndusInd Bank to raise up to $3.5 bn, allow Hindujas to nominate two board seats

Finance

23 July, 2025

IndusInd Bank to raise up to $3.5 bn, allow Hindujas to nominate two board seats

India's IndusInd Bank will raise up to $3.47 billion and allow promoters to nominate two board directors, the private sector ......

Audit watchdog to complete probe of Gensol, IndusInd Bank within six months

Finance

18 June, 2025

Audit watchdog to complete probe of Gensol, IndusInd Bank within six months

The Financial Reporting Review Board (FRRB) will complete its probe into audit reports of Gensol Engineering and IndusInd Bank within ......

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Grapevine: IndusInd, Tenet Diagnostics, Pepperfry, Plush look to raise capital

General

03 June, 2025

Grapevine: IndusInd, Tenet Diagnostics, Pepperfry, Plush look to raise capital

Several companies, including IndusInd Bank promoter IIHL, Tenet Diagnostics, Pepperfry, and Plush, are looking to raise fresh capital to support ......

SEBI bars former IndusInd Bank CEO, deputy CEO, three others from securities trading

Finance

29 May, 2025

SEBI bars former IndusInd Bank CEO, deputy CEO, three others from securities trading

India markets regulator on Wednesday restrained former IndusInd Bank CEO, deputy CEO and three others from trading in securities until ......

IndusInd Bank posts largest-ever quarterly loss due to suspected employee fraud

Finance

21 May, 2025

IndusInd Bank posts largest-ever quarterly loss due to suspected employee fraud

IndusInd Bank, India's fifth-biggest private lender by assets, reported its biggest-ever quarterly loss on Wednesday and said it suspects some employees ......

IndusInd Bank CEO resigns in management shakedown post accounting lapse

Finance

29 April, 2025

IndusInd Bank CEO resigns in management shakedown post accounting lapse

India's IndusInd Bank said on Tuesday its CEO Sumant Kathpalia has resigned following a derivatives accounting lapse that has hit ......

IndusInd Bank flags 2.27% net worth hit from accounting lapse post external probe

Finance

16 April, 2025

IndusInd Bank flags 2.27% net worth hit from accounting lapse post external probe

India's IndusInd Bank said on Tuesday it estimates a 2.27% hit to its net worth as of December-end after an ......

How IndusInd Bank's push for profits and lax controls drove it to a crisis

Finance

04 April, 2025

How IndusInd Bank's push for profits and lax controls drove it to a crisis

IndusInd Bank ignored established Indian derivative accounting practices for years as it chased profit growth, resulting in a $175 million ......

IndusInd taps Grant Thornton for fraud checks in accounting case

Finance

24 March, 2025

IndusInd taps Grant Thornton for fraud checks in accounting case

India's IndusInd Bank has appointed Grant Thornton to conduct a forensic review into accounting lapses detected this month and to ......

IndusInd Bank slumps 22% as accounting gap raises earnings concerns

Finance

11 March, 2025

IndusInd Bank slumps 22% as accounting gap raises earnings concerns

Shares of Indian private lender IndusInd Bank fell more than 22% to an over four-year low on Tuesday, a day after ......

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