IndusInd Bank posts record Rs 2,329 cr Q4 loss amid deep cleanup,...

Dununu.com Dununu

إعلان مُمول

IndusInd Bank posts record Rs 2,329 cr Q4 loss amid deep cleanup, leadership crisis

RSS Feed Business

نشر بتاريخ

82

IndusInd Bank reported a record net loss of Rs 2,329 crore for the March quarter due to governance failures and misreporting. The bank faced increased NPAs, wrongly accounted derivative trades, and misclassified microfinance assets. Following leadership resignations, a new CEO is being sought to restore ethical standards and rebuild trust.

Read Full Article

جارٍ التحميل...

الرجاء تسجيل الدخول , للأعجاب والمشاركة والتعليق على هذا!

What is China's space mission Tianwen-2?

China's Tianwen-2 mission, set to launch in late May 2025, marks the nation's first endeavor to...

بواسطة 0 0

Heated exchange erupts between PAC Chair Pokharel and lawmaker Modi

KATHMANDU: A verbal dispute erupted between Rishikesh Pokharel, Chairperson of the Public...

بواسطة 0 11

One month since Pahalgam attack: How India has punished, isolated Pakistan since April 22

بواسطة 0 14

German industry crisis: Can cheap power help?

German industries face high electricity costs. This worries leaders. The new government under...

بواسطة 0 17

Suniel on why B-town stars were silent on Operation Sindoor

Suniel Shetty, currently starring in 'Kesari Veer,' voiced his concerns about actors avoiding...

بواسطة 0 26