As of December 31, the Bank’s net worth was at Rs 65,102 crore and the impact is likely to be around Rs 1,530 crore, which is more than Rs 1,401.3 crore net profit in the third quarter of FY25.
This sharp decline comes in the wake of revelations about significant discrepancies within the bank's account balances, resulting in an estimated ₹1,530 crore impact on its net worth.
IndusInd Bank has identified valuation losses in its forex derivative contracts that could impact its net worth by up to 2.4%, or around Rs 1,530 crore. The bank has assured that the losses ...
IndusInd Bank flags lapses worth ₹1,530 cr in derivatives portfolio; stock sinks to 4-year low Anshika Kayastha 7 min read 10 Mar 2025, 10:42 PM IST ndusInd Bank’s net worth on 31 December ...
which could lead to an adverse impact on its net worth by ₹1,530 crore. The Bank’s net worth stood at ₹65,102 crore as of December 2024. “During internal review of processes relating to ...
Recovering impeccably from a far-from-ideal first minute and hanging on towards the end, Mainz place themselves in fourth ahead of Freiburg's trip to Augsburg tomorrow afternoon. Borussia ...
Vertu Trophy 2024/25: Free match highlights, fixtures and schedule for knockout stages of tournament
Vertu Trophy 2024/25: Free match highlights, fixtures and schedule for knockout stages of tournament Birmingham City beat Bradford City in first Vertu Trophy semi-final; Peterborough beat Wrexham ...
Feb 18 (Reuters) - The Indian Premier League (IPL) is a franchise-based Twenty20 cricket tournament organised by the Indian board (BCCI). First held in 2008, it quickly became the most lucrative ...
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