Essayer OR - Gratuit
Investec, CLSA cut IndusInd outlook
Mint Bangalore
|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
Cette histoire est tirée de l'édition May 17, 2025 de Mint Bangalore.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Bangalore
Mint Bangalore
Trent’s Q2 profit rises over 11% but misses estimates
Trent Ltd on Friday reported muted growth for the September quarter, with both revenue and profit missing estimates as demand softened after a strong start to the fiscal year.
1 mins
November 08, 2025
Mint Bangalore
ICE roars back as tax cuts, festive discounts skip EVs
EV sales rose in Oct, but share of sales plunges as more vehicles were sold overall
2 mins
November 08, 2025
Mint Bangalore
Returns chase leads more Indians to overseas stocks
Limited access to global markets via mutual funds and accessibility via direct investing drive the trend.
1 min
November 08, 2025
Mint Bangalore
On a chai-biscuit trail in Hyderabad
Sweet or savoury, round or crescent, Hyderabad's Irani biscuits have retained their popularity since the nizam's times
4 mins
November 08, 2025
Mint Bangalore
Can India use home turf to make a mark?
Close on the heels of the Indian women's cricket team's watershed World Cup triumph, the Indian women's tennis team is chasing a defining moment of its own. On 14 November, India begins its quest for a place in the qualifiers of the Billie Jean King Cup for the very first time.
4 mins
November 08, 2025
Mint Bangalore
'NSE financials face limited impact from weekly options ban'
The discontinuation of weekly options by the Securities and Exchange Board of India (Sebi) will not have a significant impact on the financials of the National Stock Exchange (NSE), its chief executive Ashishkumar Chauhan said on Thursday during an investor call after the exchange’s second-quarter earnings announcement.
1 mins
November 08, 2025
Mint Bangalore
Thammineni's nine-peak milestone
Bharath Thammineni's summited his ninth 8,000m mountain and set a new Indian record
4 mins
November 08, 2025
Mint Bangalore
'One catalytic reaction could fix climate change'
Nobel Laureate David MacMillan explains how chemistry touches every aspect of our lives and how asking the right questions can solve the knottiest of problems
7 mins
November 08, 2025
Mint Bangalore
Women sculptors claim space at Art Mumbai's Sculpture Park
At the third edition of Art Mumbai, starting on 13 November, women artists are breaking stereotypes about sculptors
6 mins
November 08, 2025
Mint Bangalore
Should we never speak ill of the dead?
Public reckoning after the death of a popular but controversial figure can reveal the limits of our moral imagination
5 mins
November 08, 2025
Listen
Translate
Change font size