Crisil Ratings has placed IndusInd Bank's long-term debt instruments under rating watch with negative implications, following ...

IndusInd Bank reports accounting lapses in its derivative portfolio will cost the bank Rs 1,960 crore in FY25. The bank has ...

Crisil has indicated that it will continue to closely monitor the bank’s situation, especially the steps it takes to address the issues with its internal controls and operational stability. The agency ...

The transformation of internal audit from a ‘policeman’ to a value-adding business partner has not been as rapid as that ...

IndusInd Bank, through an official disclosure to stock exchanges on April 27, confirmed that an independent professional firm ...

The Failure to Prevent Fraud (FTPF) offence will officially come into force as part of the Economic Crime and Corporate ...

The report identifies incorrect accounting of internal derivative trades, especially in case of early termination, which ...

Business process outsourcing is increasing in volume and variety. Market research firm Grandview Research reported that the ...

The month-end close process refers to a set of accounting processes to review, record and reconcile accounts. In order f ...

IndusInd Bank faces a Rs 1,979 crore hit from discrepancies in its derivative portfolio, according to a report submitted by an external agency on Tuesday. The impact represents 2.27% of the bank ...

IndusInd Bank's shares dropped 1% as Crisil Ratings placed its long-term debt instruments under 'Rating watch with Negative ...

Implement internal controls Structural internal accounting controls within the financial function provide an additional layer ...