"Now, with this acquisition, we are entering the insurance business in addition to banking. We also took a 60% stake in Invesco's mutual fund business, and once approvals are in place, we will have a ...

IIHL plans to list Reliance Capital’s insurance business as a separate entity after two years, says Ashok Hinduja, chairman, ...

Stock markets closed higher on Wednesday with gains in heavyweights L&T, HDFC Bank, and Reliance Industries amid foreign fund ...

On the 30-share Sensex platform, Tata Steel, Zomato, PowerGrid, and IndusInd Bank closed the day in green. Meanwhile, the ...

Moneycontrol reported that RBI had begun a review of derivative books of private and state-owned banks after IndusInd Bank ...

On March 7, three days before the derivatives losses were disclosed, IndusInd Bank received the RBI’s approval to reappoint ...

Tax-saving fixed deposits offer high interest rates up to 7.40% with a 5-year lock-in period. Ideal for investors seeking tax ...

Its forex positions were naked and not hedged, leading to losses. Also, the bank failed to apply mark-to-market accounting.

The midcap fund added 7.43 lakh shares of United Breweries and approximately 5.87 lakh shares of Premier Energies to its ...

The IndusInd Bank incident has raised concerns over governance and compliance in banking, but experts suggest it may enhance ...

IndusInd International Holdings Ltd (IIHL) chairman Ashok Hinduja on Wednesday said IIHL is planning a public listing of ...

IndusInd Bank remains comfortable in terms of capital adequacy and has so far not sought incremental funds from the promoter.