IndusInd Bank appoints firm to probe accounting discrepancies

IndusInd Bank has appointed a professional firm to conduct investigation for identifying the root cause of accounting discrepancies relating to its derivatives portfolio. Photograph: Anushree......

IndusInd Bank Officials Face Insider Trading Probe

The sales of company shares by 5 senior executives have come under scrutiny as IndusInd shares declined over 30 per cent due to losses incurred by from its derivatives exposure. IMAGE: A man walks......

Moody's may downgrade IndusInd Bank's Baseline Credit Assessment

IndusInd Bank on Tuesday said global rating agency Moody's has placed the bank's baseline credit assessment (BCA) under review for a possible downgrade. Photograph: Anushree Fadnavis/Reuters The......

CLSA lowers target price for IndusInd Bank to Rs 900 but sees 34% upside

Global brokerage CLSA has lowered its target price for IndusInd Bank from Rs 1,200 to Rs 900 while maintaining an outperform rating on the stock after the private lender disclosed a net worth hit......