RBI states that the bank has already engaged an external audit team to review systems and assess actual impact.

India’s Nifty 50 index shows recovery with over 1% gain in March, fueled by economic growth and easing inflation. Experts ...

IKB Deutsche Industriebank AG in the financial year 2024: Challenging environment impacts result Consolidated income before taxes of €56 million below previous year (previous year: €63 million) Return ...

IndusInd Bank, India's fifth-largest private lender, suffered a massive stock decline of over 27% following revelations of a ...

Jain said, “non-performing assets (NPAs) in the microfinance sector have increased to Rs 51,000 crore. The marked increase in ...

IndusInd Bank discovered discrepancies in account balances related to currency derivatives. This prompted an internal review ...

Ministry of Finance stated in a latest update that the total advances outstanding to MSME sector has consistently increased over the last five years. The gross NPAs and gross NPA ratio of MSME Sector ...

Aadhar and India Shelter stand out in housing finance with strong growth, low NPAs, and high RoA. With a Rs 45 trillion ...

IndusInd Bank, like several other Indian lenders, has been facing stress in its microfinance business, with its gross NPA ratio showing signs of strain.

IndusInd Bank's shares dropped 5% following the Reserve Bank of India's decision to grant CEO Sumant Kathpalia a one-year ...

India's largest lender, State Bank of India, have a "buy" rating on the stock. A consensus estimate of price targets implies ...

HDFC Bank faces mixed signals, rising NPAs & integration risks offset by credit card growth & potential repo rate cuts. Read ...