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Exclusive: IndusInd Bank Executives Allegedly Traded Shares Prior to Financial Disclosure Scandal

Emily Rodriguez 09 May, 2025

A forensic review by Grant Thornton found two IndusInd Bank executives traded shares while aware of undisclosed accounting lapses, raising insider trading concerns. The bank disclo...

Business

Senior Executive Steps Down Amid Financial Irregularities at IndusInd Bank

Christopher Adams 29 Apr, 2025

IndusInd Bank's Deputy CEO Arun Khurana resigns following a Rs 2,000-crore accounting lapse from derivative trades, as an independent investigation confirms financial discrepancies...

Business

IndusInd Bank Faces Rs 1,979 Cr Hit Due to Derivative Portfolio Accounting Lapses: What Went Wrong?

Jessica Bennett 16 Apr, 2025

IndusInd Bank discloses a Rs 1,979 crore impact on its net worth due to derivative portfolio accounting lapses, with external audits underway to identify causes and remedial measur...