HDFC Bank Gets 1 Year RBI Approval For Up To 9.5% Stake In IndusInd Bank
The approval was granted through a letter dated December 15 and will be valid for one year, until December 14, 2026.
Dec 16, 2025, 10:36 AM IST
Credit Card Spends Ease In October As Point‑Of‑Sale Transactions Grow 22%
With card issuance rising and overall spending remaining flat, the average spend per card declined 1.7 per cent MoM and 0.5 per cent YoY.
Dec 02, 2025, 22:48 PM IST
IndusInd Bank Denies Fresh Probe Into Rs 255 Crore Accounting Issue
Earlier, media reports claimed that the Economic Offences Wing (EOW) of the Mumbai Police was examining alleged unsubstantiated entries worth Rs 255 crore that were not part of the bank’s original complaint related to a Rs 2,000 crore lapse.
Oct 17, 2025, 15:06 PM IST
IndusInd Bank Lands In A Soup: Former CFO Roots Out Decade-Old Irregularities, Seeks Board Chairman's Removal
In his communication, Jain claimed that serious irregularities have been going on in the bank’s treasury operations for more than a decade. According to him, he was the only one to have flagged the alleged violations.
Sep 04, 2025, 11:05 AM IST
IndusInd Bank Shares Up After RBI Approves Rajiv Anand As New MD And CEO
The private lender had suffered a dent in investor confidence after the recent Rs 2,000 crore accounting lapse.
Aug 05, 2025, 11:02 AM IST
IndusInd Bank To Raise Rs 30,000 Crore Via Debt, Equity Mix
The Mumbai-based private lender reported a net loss of Rs 2,328 crore for the January-March period as accounting issues and stress in the microfinance portfolio led to the balance sheet taking a hit.
Jul 24, 2025, 07:50 AM IST
IndusInd Bank Likely To Submit CEO Shortlist To RBI Amid Leadership Overhaul
The move comes in response to the Reserve Bank of India’s (RBI) directive, which asked the bank to submit its CEO recommendations by June 30.
Jun 30, 2025, 13:45 PM IST
IndusInd Bank's Stock In Turmoil As SEBI Bans CEO From Securities Market
On Thursday, the banks’ shares were trading at Rs 813.95 apiece, up Rs 8.80 or 1.09 per cent.
May 29, 2025, 12:48 PM IST
Indian Stock Markets Soar Over 4% In Best Weekly Performance Since Oct 2024
On Friday, the markets ended mixed. While large-cap stocks saw some profit booking, buying continued in the mid and small-cap segments.
May 17, 2025, 17:44 PM IST
IndusInd Bank’s Long-term Debt Instruments Put Under Negative Watch: Crisil
The move comes after a series of recent developments at the bank that have raised concerns about its internal controls and management stability.
May 08, 2025, 14:02 PM IST
RBI Approves Executive Committee To Oversee IndusInd Bank Operations
The move comes after IndusInd Bank’s Managing Director and CEO Sumant Kathpalia resigned from his post in connections with the derivatives accounting lapse that has eroded the private sector bank's net worth.
Apr 30, 2025, 10:14 AM IST
IndusInd Bank CEO Kathpalia Quits Due To Derivatives Accounting Lapse
The development comes a day after Deputy CEO Arun Khurana quit after accounting discrepancies were unearthed in the bank's derivatives portfolio by an independent audit.
Apr 29, 2025, 20:34 PM IST
IndusInd Bank Shares Drop Over 5% After Rs 30.15 Crore GST Penalty
The stock declined as much as 5.12 per cent to close at Rs 635.15 apiece on the National Stock Exchange (NSE).
Mar 25, 2025, 16:19 PM IST
IndusInd Bank’s Stock Hits 20% Lower Circuit, Erases Rs 14,000 Cr In Market Value
The bank’s net worth is expected to decline by nearly Rs 2,100 crore after accounting discrepancies of 2.35 per cent of its net worth were found in its derivatives portfolio during an internal review.
Mar 11, 2025, 11:15 AM IST
IndusInd Bank Shares Up 2.6 Per Cent, Lender Received RBI Approval For AUM Business For Mutual Funds
The shares of IndusInd bank surged more than 2.67 per cent after the bank received approval from the Reserve Bank of India (RBI) to establish a wholly-owned subsidiary for undertaking the asset management business of Mutual Funds, the bank informed the exchange in a filing.
Aug 20, 2024, 14:39 PM IST
Sensex Jumps 539pts, Nifty Closes Above 22,000 As US Fed Signals 3 Rate Cuts This Year
Rising for the second day, the 30-share BSE Sensex jumped 539.50 points or 0.75 per cent to settle at 72,641.19.
Mar 21, 2024, 18:16 PM IST
Banks Revised FD Interest Rates This Month: Check Latest Rates Of Fixed Deposits
The interest rates on a fixed deposit (FD) remain constant from the time the FD account is initiated, unlike market-driven investments where returns fluctuate over time.
Feb 10, 2024, 13:37 PM IST
HDFC Bank Gets RBI Approval To Acquire Up To 9.5% Stake In ICICI Bank, Axis Bank, 4 others
HDFC Bank said that the RBI’s approval is valid for a period of one year from the date of RBI’s letter, i.e., till February 4, 2025.
Feb 06, 2024, 12:31 PM IST
CCI Approves Acquisition Of Controlling Stake In Reliance Capital By IndusInd Holdings, Others
CCI has approves acquisition of control/stake in Reliance Capital Limited by IndusInd International Holdings Limited, IIHL BFSI (India) Limited, and Aasia Enterprises LLP.
Dec 28, 2023, 12:54 PM IST
Yes Bank, IndusInd Bank Revise Fixed Deposit Rates: Check Interest Rates Across Various Tenors
RBI's three-day bi-monthly monetary policy committee (MPC) meeting started on October 4 amidst market speculations that the central bank might pause key interest rates this time too.
Oct 05, 2023, 08:56 AM IST