of 2.27% to the bank’s net worth as of December 2024 on account of these discrepancies. The final number by PWC is slightly lower than the 2.35% of net worth hit, the bank had estimated in March. The ...

IndusInd Bank had earlier disclosed on March 10, 2025, that it had identified discrepancies in account balances within its derivatives portfolio. Following an internal review, the bank had ...

The reasoning behind this policy is straightforward: bank accounts are issued based on an individual’s legal status as a resident of Kuwait. When residency lapses, the account holder is no longer ...

Have you ever been asked for your checking account number or bank's routing number? Maybe it was for a wire transfer or to ...

The lower amount of financial hit that IndusInd Bank will take on its balance sheet due to discrepancies found ... This is marginally lower than the number estimated in the banks internal review ...

Yes Bank too had lowered its FD rates by 25 basis points. Bandhan Bank cut its savings account rates from 6% to a range of 3-5%, depending on balances. Bajaj Finance also reduced FD rates by 0.25% ...

A joint bank account can be handy when combining or sharing your finances. Whether you're saving for a mutual goal with your significant other, sharing bills with your spouse, teaching money ...

Shares of IndusInd Bank Ltd will be in focus on Friday, ahead of the PwC report on accounting discrepancies. Several reports suggested that the report will be submitted to the private lender's ...

According to the multinational bank's website: “If you have not accessed your account for an extended period (typically 3 years or more), you may receive a letter from us letting you know your ...

of 2.27% to the bank’s net worth as of December 2024 on account of these discrepancies,” the bank stated in a filing to the stock exchanges. The bank added that the hit would appropriately ...

April 15 (Reuters) - India's IndusInd Bank (INBK.NS), opens new tab said on Tuesday it estimates a 2.27% hit to its net worth as of December-end after an external agency found discrepancies in its ...