Tag: indusind bank

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Posted in Economy

NHAI launches Raajmarg Infra Investment Managers for highway monetization

State-owned NHAI on Thursday said it is in the process of establishing Raajmarg Infra Investment Trust (RIIT) as a Public InvIT to unlock the monetization…

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The impact of the IndusInd scandal has dragged on its profitability, leaving the lender’s return metrics well below peers. (Bloomberg)
Posted in Business

IndusInd Bank’s new CEO plans sweeping overhaul after scandal involving old CEO| Business News

IndusInd Bank Ltd. is preparing a sweeping overhaul to boost profitability and cleaning up underperformance, as its new chief executive officer seeks to boost return…

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The IndusInd Bank fraud relates to incorrect accounting on derivative trades that prompted a Rs-2,000 crore hit to its accounts. (Bloomberg)
Posted in Business

IndusInd Bank wants to claw back salaries of Sumant Kathpalia, Arun Khurana amid fraud probe| Business News

IndusInd Bank Ltd. has begun a process to claw back salary and bonuses from its former chief executive and his deputy, after an internal review…

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It's moral responsibility of banks to follow SEBI insider trading norms: Tuhin Kanta Pandey
Posted in Business

It’s moral responsibility of banks to follow SEBI insider trading norms: Tuhin Kanta Pandey

It’s the “moral responsibility” of bank managements to follow SEBI’s insider trading regulations, Chairman Tuhin Kanta Pandey said on Wednesday. Sebi Chairman Tuhin Kanta Pandey.(Reuters)…

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