Intentar ORO - Gratis
Investec, CLSA cut IndusInd outlook
Mint New Delhi
|May 17, 2025
Foreign brokerages including Investec and CLSA have downgraded their recommendations on the shares of IndusInd Bank Ltd after the lender flagged two more accounting issues in its internal audits.
IndusInd Bank on Thursday said its internal audit department had found ₹674 crore to be "incorrectly recorded as interest" in its microfinance book over three quarters of fiscal 2024-25. This amount was, however, fully reversed as on 10 January, the bank informed the stock exchanges. The audit team also revealed ₹595 crore worth of unsubstantiated balances in 'other assets
Esta historia es de la edición May 17, 2025 de Mint New Delhi.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint New Delhi
Mint New Delhi
Tata says no to softer emission rules for small cars
20g relief is needed.
1 min
November 15, 2025
Mint New Delhi
Stepping up to the plate
\"There are,\" wrote Julian Barnes with the certainty born of experience in The Pendant in the Kitchen, “certain dishes always best eaten in restaurants, however tempting the cookbook version appears.”
1 mins
November 15, 2025
Mint New Delhi
Nitish Kumar to rule Bihar, again
Women voters and BJP alliance help the JD(U) return as the undisputed king in the eastern state, while the opposition floundered
5 mins
November 15, 2025
Mint New Delhi
Oct WPI slows to 27-month low amid food price decline
India’s wholesale inflation fell to a 27-month low in October on the back of record low food prices, provisional data from the ministry of commerce and industry showed on Friday.
2 mins
November 15, 2025
Mint New Delhi
Singapore Airlines commits to AI change
For Singapore Airlines, which owns one-fourth of Air India, there is “no disillusionment” about its investment, even though the Indian carrier’s losses weigh on its profitability
1 min
November 15, 2025
Mint New Delhi
India state refiners to import US LPG
Indian state refiners have awarded their first joint, long-term tenders to Chevron, Phillips 66 and TotalEnergies Trading SA to import US liquefied petroleum gas in 2026, two trade sources with knowledge of the matter said.
1 min
November 15, 2025
Mint New Delhi
Relief on specialty steel likely
Govt plans to temporarily suspend strict quality-control rules for importing 55 products to address supply gaps
3 mins
November 15, 2025
Mint New Delhi
US tariff-hit exporters get relief from RBI
In a relief to tariff-hit export-oriented sectors and their lenders, the Reserve Bank of India (RBI) on Friday announced several measures to ease their access to working capital, enable higher borrowing limits, and defer loan repayments until the end of the calendar year.
1 min
November 15, 2025
Mint New Delhi
India Inc.’s new hiring play: Bring in industry outsiders
Firms believe hiring from other sectors will question existing practices, enable new work styles
2 mins
November 15, 2025
Mint New Delhi
Govt defers safety rules for electrical devices, machinery
Centre scraps rollout date, a day after withdrawing 14 QCOs for imported petrochemicals and industrial raw materials.
2 mins
November 15, 2025
Listen
Translate
Change font size