Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
IndusInd Bank: Notional profits in derivatives led to accounting errors
Financial Express Hyderabad
|April 28, 2025
AN EXTERNAL AGENCY appointed by IndusInd Bank has said the root cause behind the accounting discrepancy was wrongly recording notional profits from internal derivative trades, especially when those trades ended early.
The bank hired a professional firm to thoroughly investigate the discrepancies disclosed on March 10, identify their root cause, find lapses and fix accountability. The bank's board is taking necessary steps to fix accountability of the persons responsible for these lapses and re-align roles and responsibilities of the senior management.
Dit verhaal komt uit de April 28, 2025-editie van Financial Express Hyderabad.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Financial Express Hyderabad
Financial Express Hyderabad
Pulses imports likely to fall 45% in FY26
INDIA'S PULSES IMPORTS in the current fiscal are likely to decline by 45% to around 4 million tonne (MT) in FY26, from a record 7.34 MT in 2024-25, trade sources said citing adequate carry forward stocks and robust crop prospects.
1 mins
December 20, 2025
Financial Express Hyderabad
Adani gives wings to airport biz with ₹1L-cr investment
ADANI AIRPORTS HOLDINGS (AAHL) plans to invest around ₹1 lakh crore over the next five years across airport infrastructure, terminals and city-side development.
1 min
December 20, 2025
Financial Express Hyderabad
Delhi govt schools choke, private ones turn to air filters
IN THE NURSERY section of an elite South Delhi school this week, the head of Junior School conferred urgently with a class teacher whose students had left the room for a few minutes at the change of periods.
2 mins
December 20, 2025
Financial Express Hyderabad
Piramal Finance exits Shriram Life for ₹600 cr
PIRAMAL FINANCE ON Friday said it has decided to sell its entire 14.72 per cent stake in Shriram Life Insurance Companyto South Africa-based Sanlam Group for ₹600 crore.
1 min
December 20, 2025
Financial Express Hyderabad
Funds for rural roads scheme see gross underutilisation
STATES’ SPENDING CAPACITY LIMITED
2 mins
December 20, 2025
Financial Express Hyderabad
SAT eases curbs, grants partial relief to Sathe
THE SECURITIES APPELLATE Tribunal (SAT) on Friday granted partial relief to Avadhut Sathe Trading Academy, allowing the entity to withdraw money to meet its routine expenses.
1 mins
December 20, 2025
Financial Express Hyderabad
Funds grapple with paucity of accredited investors
Sebi panel aims to ease investor accreditation process
2 mins
December 20, 2025
Financial Express Hyderabad
Advance taxes grow 4.3% in Q3
Apr-Dec direct tax mop-up rises 8% on lower refunds
1 min
December 20, 2025
Financial Express Hyderabad
'New labour codes a game changer, suited to economy'
THE FOUR NEW labour codes passed by Parliament are a game-changer and well suited to a dynamic economy, Labour and Employment Secretary Vandana Gurnani said on Friday.
1 min
December 20, 2025
Financial Express Hyderabad
'English would not touch hearts in anti-elite era'
OVER THE YEARS, stand-up comedian Zakir Khan has broken ceilings and defied norms.
3 mins
December 20, 2025
Listen
Translate
Change font size