Markets regulator Securities & Exchanges Board of India is also likely to start a preliminary inquiry into the matter.

India's audit watchdog had found shortcomings in some processes of MSKA & Associates, one of the bank’s statutory auditors, as per a report by National Financial Reporting Authority in January.

The FRRB evaluates compliance with various guidance notes on accounting and auditing, as well as master circulars and ...

In today’s newsletter, lots of space for SpaceX in India, with both Bharti Airtel and Reliance Jio announcing partnership ...

IndusInd Bank CEO and Managing Director Sumant Kathpalia said that the accounting lapse was noted around September-October ...

IndusInd Bank's stock faced a downturn due to a forex error. The recent reports of financial irregularities at the bank have ...

Sumant Kathpalia and Deputy CEO Arun Khurana—sold nearly all their shares, raising serious concerns. CEO Sumant Kathpalia ...

IndusInd Bank shares have hit the lower circuit, sending shockwaves through investors. This marks the biggest crash in ...

International brokerage CLSA has maintained its 'Outperform' rating on IndusInd Bank despite the turmoil surrounding its ...

The Reserve Bank of India (RBI) has widened its investigation into derivative exposures of multiple private and state-run ...

The brokerage firm has revised its target price to Rs 870, indicating a potential 3 percent decline from current levels.

The decline in IndusInd bank's stock was more pronounced beyond the wider market fall and came after accounting discrepancies ...