The naira appreciated by 0.16 per cent to 1530.52/$ from 1532.93/$ in the previous trading session on the Nigerian Foreign Exchange Market at the close of trading on Wednesday. Data from the ...
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Panic grips the market as IndusInd Bank shares witness a dramatic 20% plunge, triggering multiple lower circuits. This sharp decline comes in the wake of revelations about significant ...
IndusInd Bank has disclosed an estimated ₹1,530 crore loss due to errors found within its derivative portfolio. This revelation came to light following an in-depth review of its derivative ...
IndusInd Bank has identified valuation losses in its forex derivative contracts that could impact its net worth by up to 2.4%, or around Rs 1,530 crore. The bank has assured that the losses ...
The IndusInd stock plunged 15% on Tuesday morning following the bank's disclosure that lapses in derivatives used as a forex hedge stemmed from a mismatch as similar trades were being accounted ...
IndusInd Bank’s detailed internal review has estimated an adverse impact of approximately 2.35 per cent of Bank’s Net worth as of December 2024 | Photo Credit: ANUSHREE FADNAVIS Private sector ...