by Team Small News | Apr 12, 2025 | Axis bank, Bank of Baroda, HDFC Bank, ICICI Bank, IDBI Bank, IDFC Bank, Indian Bank, IndusInd Bank, State Bank of India
A major outage affected several UPI (Unified Payments Interface) apps on Saturday, preventing users from sending and receiving money. According to data from Downdetector, a website that tracks app outages, over 2,300 reports of UPI issues were submitted around 1 PM....
by Team Small News | Mar 31, 2025 | Banking, ICICI Bank, IndusInd Bank
According to a recent report by The Economic Times, IndusInd Bank, a private lender, has made significant efforts to boost liquidity in the midst of a crisis. This crisis is attributed to accounting gaps in its derivatives books. To alleviate this issue, IndusInd Bank... by Team Small News | Mar 30, 2025 | Banking, IndusInd Bank, RBI
Reliance Capital’s lenders have withdrawn their petition against IndusInd International Holdings Ltd (IIHL) before the National Company Law Appellate Tribunal (NCLAT). This move came after the Committee of Creditors (CoC) informed NCLAT that IIHL had... by Team Small News | Mar 21, 2025 | Banking, IndusInd Bank, RBI
IndusInd Bank is set to appoint an independent firm to investigate discrepancies in its derivatives business, following a Reserve Bank of India (RBI) directive. The bank had been under scrutiny after it was found to have deviated from the regulatory norms and... by Team Small News | Mar 18, 2025 | Axis bank, Banking, IndusInd Bank, RBI
IndusInd Bank raised 11,000 crores in certificates of deposit (CDs) on Monday, a significant move to shore up its funding position following a 2,000 crore accounting discrepancy in its derivatives book. The bank issued CDs across six maturities, ranging from three...
by Team Small News | Mar 16, 2025 | Banking, Central Bank of India, IndusInd Bank
The Reserve Bank of India has issued a statement assuring the public that IndusInd Bank, a private lender, is well-capitalized and its financial position remains satisfactory. This statement comes after IndusInd Bank reported an accounting discrepancy in its currency...