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IndusInd Bank Raises $2 Billion Via Market Deposits in March
March 27, 2025
|Hindustan Times East UP
India's IndusInd Bank garnered $2 billion in higher-cost bulk deposits in March, its biggest monthly haul in at least two years, as the lender shored up its funding base after disclosing accounting lapses.
MUMBAI:
The country's fifth-largest private sector bank flagged earlier in the month a $175 million hole in its balance sheet, citing accounting discrepancies in its derivatives portfolio.
The discrepancies have led to concerns over governance at the bank and the appointment of Grant Thornton to conduct a forensic review into the accounting lapses. The bank's shares are down nearly 27% since the lender disclosed the matter.
هذه القصة من طبعة March 27, 2025 من Hindustan Times East UP.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Hindustan Times East UP
Hindustan Times East UP
In Bihar, the INDIA bloc fights a perception battle
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The recipe of trumping odds: The RSS playbook
I have been watching the Rashtriya Swayamsevak Sangh (RSS) — in its 10Ist year now — for more than 50 years. An obvious curiosity arises about the secret of its success.
3 mins
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The gains of recognising the Taliban govt in Kabul
It could help India cultivate political goodwill and public support in Afghanistan
4 mins
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3 held for Bengal gang rape, row over CM reax
KOLKATA: Three people were arrested on Sunday for their alleged involvement in the gang rape of a student of a private medical college in West Bengal’s Paschim Bardhaman district, police said even as chief minister Mamata Banerjee kicked off row with her remark that girls should not be allowed to go outside the campus at night.
1 min
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OPERATION BLUE STAR A MISTAKE: P CHIDAMBARAM
Congress leader P Chidambaram said Operation Blue Star was not the right way to capture militants holed up in the Golden Temple in 1984, due to which the then prime minister, Indira Gandhi, “paid with her life”.
1 min
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US intel helps Ukraine target Russian energy infra: Report
The US has been helping Ukraine mount long-range strikes on Russian energy facilities for months in a joint effort to weaken the economy and force President Vladimir Putin to the negotiating table, the Financial Times (FT) reported on Sunday.
1 min
October 13, 2025
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Dozens killed in Af-Pak clashes, border closed
Afghanistan and Pakistan said on Sunday they killed dozens of each other's troops during a night of heavy border clashes between the two countries.
1 mins
October 13, 2025
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Today's united India is a result of Sardar Patel's leadership'
'Sardar @150 Unity March to be held from October 31 to November 26, says CM
1 min
October 13, 2025
Hindustan Times East UP
PHILIPPINES AND CHINA TRADE ACCUSATIONS OVER VESSEL CLASH IN THE SCS
The Philippines and China accused each other on Sunday of responsibility for a maritime confrontation near disputed islands in the South China Sea (SCS), further escalating tensions in the resource-rich waterway.
1 min
October 13, 2025
Hindustan Times East UP
Visit of Afghanistan foreign minister to Taj Mahal cancelled
AGRA: The planned visit of Afghanistan's foreign minister, Amir Khan Muttaqi, to the Taj Mahal, Agra, on Sunday was cancelled at the last moment, officials confirmed, without providing a reason.
1 min
October 13, 2025
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