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Account errors affect IndusInd networth
The New Indian Express Vijayawada
|March 11, 2025
PRIVATE sector lender IndusInd Bank has estimated an adverse impact of approximately 2.35% of its net worth as of December 2024 due to discrepancies in accounting derivatives portfolio.
In regulatory filing to exchanges, Pune, Maharashtra-based bank has said that in a recent internal review, it has identified discrepancies in its accounting processes related to "Other Assets" and "Other Liabilities" within its derivatives portfolio.
The review was conducted following the implementation of the Reserve Bank of India's (RBI) Master Direction on Classification, Valuation, and Operation of Investment Portfolio of Commercial Banks, 2023, which came into effect on April 1, 2024.
Denne historien er fra March 11, 2025-utgaven av The New Indian Express Vijayawada.
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FLERE HISTORIER FRA The New Indian Express Vijayawada
The New Indian Express Vijayawada
Video of Parakamani loot surfaces; TTD member alleges ₹100 crore scam
STARTLING revelations have emerged pertaining to large scale irregularities that took place in the Tirumala Tirupati Devasthanams (TTD) during the previous YSRCP regime.
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The New Indian Express Vijayawada
CM: Swachh drive meant to cleanse politics also
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THE Trump administration on Saturday imposed a fee of $1,00,000 per year on each H-1B visa holder, dealing a body blow to the 2,83,397 (71%) skilled technology workers from India, as per 2024 data. At 71%, India was the largest beneficiary of H-1B last year, while China was a distant second at 12%.
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CM roots for ‘One State-One Water’ concept to fight drought
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1 min
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The New Indian Express Vijayawada
CM roots for 'One State-One Water' concept to fight drought
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Corp tax mop-up rises, individual collections drop
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ASSERTING that steps will be taken to control the industrial pollution, Deputy Chief Minister (Environment and Forest) Pawan Kalyan has said the coalition government will not give scope to a situation that terrorises industrialists.
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K-point in India, Canada NSA talks
IN a key step towards mending diplomatic ties, National Security Adviser Ajit Doval held bilateral security consultations with his Canadian counterpart Nathalie Drouin in New Delhi on Thursday.
1 mins
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