MUMBAI: Within days of the fiasco at Indusind Bank’s forex derivatives imploding with a Rs 2,000-crore likely hit on its ...

The lender lost over a quarter of its market cap in a single day. Thankfully, investors and depositors march to a different ...

The questioning of RBI officials could be based on the inspection conducted on the cooperative bank, to examine what prompted ...

The RBI wants to ascertain if more banks are in non-compliance of its derivative trade rules and also wants to compliance on ...

IndusInd Bank reassured investors that its Rs 1,500-1,600 crore derivatives loss will be managed effectively. Shares plunged ...

After the discrepancies were revealed, IndusInd Bank's stock fell over 27%. Chairman Ashok Hinduja assured investors that he ...

Additionally, he highlighted the need for digital solutions, alternative credit assessment models, and greater participation ...

Surat: A delegation of Southern Gujarat Chamber of Commerce and Industry (SGCCI) presented various MSME-related issues before ...

Encouragingly, private consumption is rebounding, as indicated by a rise in Private Final Consumption Expenditure (PFCE) to 7 ...

Mumbai Police’s Economic Offences Wing (EOW) searched the residence of New India Cooperative Bank’s former chairman Hiren ...

NAREDCO chairman Niranjan Hiranandani said that while the recent RBI rate cut will boost affordable housing, it requires further support for greater impact Niranjan Hiranandani, chairman of ...