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

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

Postado

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

Faça Login para curtir, compartilhar e comentar!

National

Public hope towards Maoist increasing: Chair Dahal

BAGLUNG: CPN (Maoist Centre) chair Pushpa Kamal Dahal ‘Prachanda’ has stated that the...

Por 0 2

National

Baburam Bhattarai walks off stage after controversial remark on armed conflict deaths sparks protest

KATHMANDU: Former Prime Minister Dr. Baburam Bhattarai faced backlash and was forced to...

Por 0 3

Entertainment

Suniel Shetty apologises for comfort of C-section comment

Actor Suniel Shetty has stepped forward to clarify his recent remarks regarding daughter Athiya...

Por 0 27

International

UN walks back 14,000 Gaza baby death claim after backlash

The UN faced backlash after its humanitarian chief, Tom Fletcher, stated 14,000 Gaza babies could...

Por 0 31

International

Trump’s ‘One Big Beautiful Bill’ clears House by one vote after all-night showdown

House Republicans narrowly passed President Trump's "One Big Beautiful Bill," a sweeping tax and...

Por 0 29