Since the lapses were disclosed, IndusInd shares have fallen nearly 8% and led to 11 of the 36 analysts covering the stock lowering their rating, per LSEG data.
RBI’s one-year extension of Kathpalia’s appointment raised eyebrows. Some say it was a strategic move by the RBI to ensure the bank had time to find an adequate replacement.
The bank flagged a 2.35% hit to its net worth, around Rs 15-20 billion, as of December 2024 due to an underestimation of hedging costs with regard to some past forex transactions.
From debts to planning the dream wedding, IndusInd Bank offers personal loans at attractive interest rates to make sure that one does not compromise on important things in life.
From pick-up facilities to high rates on fixed deposits, IndusInd Bank's new savings account has been crafted keeping the needs and welfare of senior citizens in mind.
Fifteen operators across 9 countries have inquired about India's technology, and nations like Kenya, Mauritius, Papua New Guinea, and Egypt have shown concrete interest in Indian 4G and 5G stacks.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Since 1815, Nepali Gorkhas have served in Indian & British Armies, as well as in Bihar, Bengal & Assam Police. Since Agnipath scheme came in, no Nepal-domiciled Gorkha has enlisted.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
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