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Published on Mar 12, 2025

Are Your Bank Deposits Secure? Growing Concerns Amid IndusInd Bank Controversy

Last Updated:March 12, 2025, 10:29 IST Following the news of financial irregularities at IndusInd Bank depositors are now facing growing concerns; Here's what you should know IndusInd Bank Depositors Money Safe?IndusInd Bank Customer Deposits Safe? …

Source: News18 - Center-right
Published on Mar 12, 2025

Business | Mar 12, 2025 | 7 min read IndusInd Bank tanks 27% over lapse in accounting

News Business #New Delhi IndusInd Bank on Tuesday fire fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management’s assurance failed to arrest the free fall of shares …

Source: Ahmedabad Mirror - Neutral
Published on Mar 12, 2025

IndusInd Bank's market cap back above YES Bank as stock recovers 15% from 52-week low

Shares of IndusInd Bank Ltd recovered 15% from their 52-week low in early deals on Wednesday. The banking stock saw its market cap falling below that of YES Bank in the previous session but today's 15% rally from the 52-week low took the market cap …

Source: Business Today - Uncategorized
Published on Mar 12, 2025

IndusInd Bank Shares Rebound Sharply After Rs 19,000 Crore Rout In A Day; What Investors Should Know

Last Updated:March 12, 2025, 11:23 IST IndusInd Bank saw a dramatic fall in its stock price on Tuesday, marking its largest-ever single-day decline; What should investors do? IndusInd Bank is grappling with a potential Rs 1,600-2,000 crore hit to its net …

Source: News18 - Center-right
Published on Mar 12, 2025

IndusInd Bank recovers after sharp 7% drop, hovers near 52-week low: What’s the next step?

The rough ride for the IndusInd Bank share price continues. After the almost 27% cut on March 11, the stock opened trade on March 12, down another 7%. However it soon recovered some ground and is now trading up 9% from intra-day lows. The stock is now down …

Source: Financial Express - Neutral
Published on Mar 12, 2025

IndusInd Bank shares extend crash; loses 38% market cap in six sessions

IndusInd Bank share price declined more than 7% on Wednesday, extending its sharp fall for the sixth straight day. IndusInd Bank shares slid as much as 7.7% to a fresh low of ₹605.40 apiece on the BSE. IndusInd Bank shares have declined by over 38% over …

Source: Mint - Neutral
Published on Mar 12, 2025

IndusInd Bank, Airtel & RIL: What Gaurang Shah of Geojit Financial says on these 3 stocks

Gaurang Shah, Senior VP at Geojit Financial said investors need to have an elevated risk appetite in the present situation. "My advice would be to avoid these external noises (tariff-centric) and focus and domestic events which are more positive for …

Source: Business Today - Uncategorized
Published on Mar 12, 2025

IndusInd Bank recovers 9% from intra-day lows: Analysts advise…

The rough ride for the IndusInd Bank share price continues. After the almost 27% cut on March 11, the stock opened trade on March 12, down another 7%. However it soon recovered some ground and is now trading up 9% from intra-day lows. The stock is now down …

Source: Financial Express - Neutral
Published on Mar 12, 2025

IndusInd Bank's stock drop below Rs 600 may require Hindujas to pledge more, warns Macquarie

The Hinduja Group, which promotes IndusInd Bank, may be compelled to pledge up to 80% of its holdings in the bank if the stock price drops below Rs 600 per share, according to an analysis by Macquarie Capital. Analysts warn that the risk of pledging could …

Source: The Economic Times - Label Pending
Published on Mar 12, 2025

IndusInd Bank share drops 8%, recovers fully; what's next?

Shares of IndusInd Bank Ltd dropped 8 per cent in Wednesday's trade and were on the verge of falling to sub-Rs 600 level, before a recovery erased entire losses. The stock gained as promoter reportedly Ashok Hinduja shareholders not to panic, assuring …

Source: Business Today - Uncategorized
Published on Mar 12, 2025

IndusInd Bank shares: After 27% drop, this stock is in focus today; here's why

A day after plunging 27 per cent, shares of IndusInd Bank Ltd are in focus on Wednesday after the CEO Sumant Kathpalia at the private lender reportedly said that his bank was looking to offset the losses, arising due to accounting discrepancy in valuations …

Source: Business Today - Uncategorized
Published on Mar 11, 2025

India's IndusInd Bank shares plunge 27%, major shareholder urges calm

Ashok Hinduja, chairman of IndusInd International Holdings. Chandan Khanna | AFP | Getty Images The chairman of IndusInd Bank's founding company sought to reassure investors after shares plunged over 27% on Tuesday. Ashok Hinduja, chairman of IndusInd …

Source: CNBC - Neutral
Published on Mar 12, 2025

Derivatives debacle: IndusInd Bank stock crumbles, investors panic

Earlier, chief executive officer (CEO) Sumant Kathpalia got a one-year extension from the banking regulator instead of three, and he pointed to the derivatives issue as probable cause for not being given a three-year term. On Monday, the Hinduja group- …

Source: Mint - Neutral
Published on Mar 12, 2025

Promoter Hinduja backs IndusInd Bank’s MD, says lender’s balance sheet strong

Mumbai: Ashok Hinduja, chairman of IndusInd International Holdings Ltd (IIHL), the promoter of IndusInd Bank, expressed complete confidence in the ability of the bank’s managing director (MD) and chief executive officer Sumant Kathpalia to steer the bank …

Source: Mint - Neutral
Published on Mar 12, 2025

IndusInd Bank’s crisis: What went wrong and the road ahead

IndusInd Bank has encountered financial discrepancies related to its currency derivative transactions over the past seven to eight years that will result in a financial hit of Rs 1,600 crore. Additionally, the Reserve Bank of India (RBI) has granted CEO …

Source: The Economic Times - Label Pending
Published on Mar 12, 2025

Gainers & Losers: BSE, IndusInd Bank among top 10 stocks in spotlight on Wednesday

Following the Infosys downgrade, the IT sector declined 2.9% as Morgan Stanley also downgraded India's IT sector, revising ratings and target prices. Shares of L&T Technology Services (LTTS), LTIMindtree, Wipro, and Coforge fell between 3% and 4.2% …

Source: The Economic Times - Label Pending
Published on Mar 12, 2025

RBI tells IndusInd Bank board to suggest external candidates for CEO & COO position

The Reserve Bank of India (RBI) has asked the IndusInd Bank board to propose names of two external candidates for the positions of Chief Executive Officer and Chief Operating officer, according to sources familiar with the matter. This development comes …

Source: The Economic Times - Label Pending
Published on Mar 11, 2025

IndusInd Bank shares plunge 27%, erase Rs 19,000 crore in market value

IndusInd Bank shares dropped 27% to Rs 656, erasing Rs 19,000 crore in market value due to a Rs 2,100 crore derivatives accounting discrepancy. The bank's net worth decreased by 2.4%. Concerns about governance and risk management led to investor worry, …

Source: The Times of India - Center-right
Published on Mar 12, 2025

Mutual funds sold around 1.6 crore IndusInd Bank shares in February before the crash

Mutual funds sold around 1.6 crore shares of IndusInd Bank before the crash with a total number of shares of around 20.7 crore in February against 22.3 crore shares in January, according to the Mutual Fund Insight report by Nuvama Alternative & …

Source: The Economic Times - Label Pending

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Published on March 12, 2025 - 11:14 GMT

Capacitor Banks Market Analysis - Projected to Expand at 4.01% CAGR by 2032 | Siemens, Schneider Electric, ABB, Toshiba

The capacitor banks market is driven by rising power demand, grid stability needs and industrial expansion, boosting energy efficiency. CALIFORNIA, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- According to a comprehensive research …

Distribution channels: Electronics Industry ...
Published on March 12, 2025 - 10:56 GMT

Octal Introduces Advanced AI in Banking Innovations to Revolutionize the Industry

Integrating AI in banking can transform the process of money transferring and enhance customer experiences, making the industry stronger. SARASOTA, FL, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Octal IT Solution, a leading AI …

Distribution channels: Business & Economy, Companies ...

Published on March 13, 2025 - 08:35 GMT

APRA releases quarterly authorised deposit-taking institution statistics for December 2024

The Australian Prudential Regulation Authority (APRA) has released the Quarterly Authorised Deposit-taking Institution (ADI) Performance and the Quarterly ADI Property Exposures publications for the quarter ending 31 December 2024. Key statistics for ADIs1 …

Distribution channels: Banking, Finance & Investment Industry
Published on March 12, 2025 - 22:05 GMT

Wintrust Recognized with 14 Coalition Greenwich Best Bank Awards in Middle Market Banking

ROSEMONT, Ill., March 12, 2025 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (Nasdaq: WTFC) has been awarded 14 Coalition Greenwich Best Bank Awards for Middle Market Banking by Crisil Coalition Greenwich, marking the company’s 10th consecutive year …

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Published on March 13, 2025 - 11:00 GMT

Seres Therapeutics Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Business Updates

Recent FDA feedback received on SER-155 allogeneic hematopoietic stem cell transplant (allo-HSCT) next study provides support for the proposed primary efficacy endpoint of reduction in bloodstream infections (BSIs) at day 30 post-HSCT; Company expects to …

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Published on March 13, 2025 - 09:45 GMT

Biz2Credit Small Business Earnings Report Finds SMB Average Earnings Rose Nearly $5,000 in February 2025

NEW YORK, March 13, 2025 (GLOBE NEWSWIRE) -- Despite uncertainty in the stock markets and fear of a possible recession, Biz2Credit’s monthly Small Business Earnings Report for February 2025, found that average monthly earnings rose nearly $5,000 last month …

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Published on March 13, 2025 - 10:00 GMT

One in four Americans spend over $100 a month on streaming and subscriptions

SAN JOSE, Calif., March 13, 2025 (GLOBE NEWSWIRE) -- Nearly a quarter of American subscribers (23%) spend over $100 per month on streaming and subscription services ($1200+ per year). That’s according to newly released research data from Bango (AIM: BGO). …

Distribution channels: IT Industry ...
Published on March 13, 2025 - 05:08 GMT

Consumer Biometrics Market Projected to Hit USD 42.2 Billion at a 5.37% CAGR by 2035

Consumer Biometrics Market: Increasing adoption of biometric authentication boosts security in smartphones, banking, and smart devices. NEW YORK,, NY, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by …

Distribution channels: Technology ...

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Published on March 13, 2025 - 11:01 GMT

Toco Warranty Earns Gold at 2024 Stevie Awards, Solidifying Its Place as a Customer Service Leader

Toco continues adds to their trophy case with Gold Customer Service Department of the Year award. Toco maintains standing as the most awarded VSC provider. HOUSTON, TX, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- Toco Warranty, a leading …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on March 13, 2025 - 10:00 GMT

Pulse360 and Wealthbox Unveil Dynamic SmartFields, Revolutionizing Wealth Management Operations

Dynamic SmartFields helps advisors cut manual work, scale efficiently, and deliver a superior client experience RIVERSIDE, CA, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- Pulse360 and Wealthbox Unveil Dynamic SmartFields, Revolutionizing …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 13, 2025 - 10:00 GMT

SCCG Announces Sponsorship Partnership with Approvely for Seamless Payments Processing in the Gaming Industry

This collaboration enhances SCCG’s mission to connect gaming operators with cutting-edge financial solutions that drive efficiency, security, and reliability. LAS VEGAS, NV, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- SCCG Management, a …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on March 13, 2025 - 10:00 GMT

Hinckley Unveils the Hinckley 41

A Masterful Union of Performance and Craftsmanship PORTSMOUTH, RI, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- Hinckley Yachts is delighted to introduce the Hinckley 41, an outboard-powered expression of precision, grace, and unwavering …

Distribution channels: Banking, Finance & Investment Industry, Consumer Goods ...
Published on March 13, 2025 - 10:00 GMT

SettleMint & NTT East Partner to Drive Blockchain Innovation in Public Administration & Local Economic Development

SettleMint and NTT East collaborate to drive blockchain innovation in regional public administration and local economic growth LEUVEN, BELGIUM, March 13, 2025 /⁨EINPresswire.com⁩/ -- SettleMint, the Blockchain Transformation Company, is pleased to …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 13, 2025 - 09:02 GMT

Real Estate Fractional Ownership Crowdfunding Platform

Fundraising Script’s technology is designed to bridge this gap, providing a streamlined, compliant, and user-friendly experience. DULUTH, GA, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- Fundraising Script has launched a white-label real …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 13, 2025 - 09:00 GMT

Canadian Indigenous Investment Summit 2025

This year’s Summit promises valuable discussions, connections, and insights into Indigenous investment and business growth. LONDON, ENGLAND, UNITED KINGDOM, March 13, 2025 /⁨EINPresswire.com⁩/ -- The second annual Canadian Indigenous Investment …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 13, 2025 - 08:11 GMT

EBC金融集团强调AI在全球交易与泰国经济格局中的变革性作用

EBC金融集团强调AI在全球交易与泰国经济格局中的变革性作用 THAILAND, March 13, 2025 /⁨EINPresswire.com⁩/ -- 人工智能（AI）正在重新定义全球金融生态，加速决策进程、提升效率并革新交易策略。随着AI技术的快速发展，各国政府正积极制定监管政策，在推动创新的同时确保技术应用的规范性。泰国充分认识到AI的潜力，通过前瞻性政策与法规，大力推进AI与经济的深度融合。本文将探讨AI对交易、金融及经纪行业的深远影响，并解析泰国如何把握这一机遇。 …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 13, 2025 - 08:01 GMT

Global Microfinance Market Poised for Growth, Projected to Expand at 10.8% CAGR Through 2030

Global Microfinance Market Poised for Growth, Projected to Expand at 10.8% CAGR Through 2030 NEW CASTLE, DE, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- Microfinance is a type of financial service provided to people looking to lend money …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 13, 2025 - 07:00 GMT

Winwinpay Building Partnerships at the SiGMA Africa Summit 2025

CAPE TOWN, SOUTH AFRICA, March 13, 2025 /⁨EINPresswire.com⁩/ -- Winwinpay, a leading company specialising in payment solutions, proudly participated in the SiGMA Africa Summit held from March 10 to 12, 2025, at the Sun Exhibits, GrandWest in Cape …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 13, 2025 - 06:56 GMT

ERP Payments Revolutionizes Financial Operations with Integrated Business Solutions

IRVINE, CA, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- ERP Payments, a leading provider of integrated payment and data solutions, is transforming financial workflows for businesses across industries. Headquartered in Irvine, California, …

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Published on March 13, 2025 - 05:25 GMT

DiscoverMyBusiness Expands Digital Marketing Services Across New York State to Empower Local Businesses

DiscoverMyBusiness expands its digital marketing services across New York State, helping businesses enhance their online presence and drive growth. NY, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- DiscoverMyBusiness, a leading digital …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on March 13, 2025 - 05:14 GMT

EBC Financial Group Destaca el Papel Transformador de AI en el Trading Global y el Paisaje Económico de Tailandia

EBC Financial Group examina el impacto de IA en trading global y la economía de Tailandia, destacando las regulaciones y las tendencias del mercado. THAILAND, March 13, 2025 /⁨EINPresswire.com⁩/ -- La Inteligencia Artificial (IA) está …

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Published on March 13, 2025 - 05:12 GMT

EBC Financial Group Soroti Peran Transformatif AI dalam Trading Global dan Lanskap Ekonomi Thailand

EBC Financial Group Mengupas Peran AI dalam Trading Global dan Ekonomi Thailand, serta Dampaknya terhadap Regulasi dan Pergerakan Pasar. THAILAND, March 13, 2025 /⁨EINPresswire.com⁩/ -- Artificial intelligence atau kecerdasan bautan (AI) tengah …

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Published on March 13, 2025 - 05:12 GMT

O Grupo EBC Financial Destaca o Papel Transformador da IA no Comércio Global e na Economia da Tailândia

O EBC Financial Group analisa o impacto da IA no trading global e na economia da Tailândia, destacando regulamentações e tendências de mercado. THAILAND, March 13, 2025 /⁨EINPresswire.com⁩/ -- A Inteligência Artificial (IA) está redefinindo o cenário …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 13, 2025 - 05:11 GMT

EBC Financial Group Destaca el Papel Transformador de AI en el Trading Global y el Paisaje Económico de Tailandia

EBC Financial Group examina el impacto de IA en trading global y la economía de Tailandia, destacando las regulaciones y las tendencias del mercado. THAILAND, March 13, 2025 /⁨EINPresswire.com⁩/ -- La Inteligencia Artificial (IA) está redefiniendo …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 13, 2025 - 05:00 GMT

AGII Expands AI Capabilities to Enable Adaptive and Autonomous Web3 Solutions

The AI-driven Web3 platform enhances decentralized operations with real-time automation and intelligent adaptability. SEATTLE, WA, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- AGII is accelerating the evolution of Web3 with expanded AI …

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Published on March 13, 2025 - 05:00 GMT

Colle AI (COLLE) Integrates Next-Gen AI to Automate NFT Royalties & Transactions

AI-Powered Automation Enhances NFT Market Efficiency and Creator Earnings LONDON, LONDON, UNITED KINGDOM, March 13, 2025 /⁨EINPresswire.com⁩/ -- Colle AI (COLLE) is advancing NFT automation with next-generation AI, streamlining royalty …

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Published on March 13, 2025 - 01:07 GMT

Revolution Group’s Exclusive Tax Event Helps Ultra-Wealthy Maximize Wealth

Revolution Group’s tax event provided ultra-wealthy individuals with expert strategies to optimize wealth and minimize tax burdens. OMAHA, NE, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Revolution Group, a premier tax and wealth …

Distribution channels: Banking, Finance & Investment Industry ...
Published on March 13, 2025 - 00:30 GMT

Gregory Bass Joins Partner Real Estate as a Top-Tier Relocation Specialist, Helping Clients Make Seamless Moves

PASADENA, CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- Marine Corps Veteran and Real Estate Broker Brings 30+ Years of Expertise to Homebuyers Relocating to Las Vegas, Arizona, and Beyond Partner Real Estate continues to expand its …

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