Tag: Banking News
Why Japan’s SMBC is Betting Big on YES Bank’s Mess
Imagine a seesaw. Now imagine YES Bank’s stock price riding it. On Tuesday (May 6, 2025), the bank’s…
Shocking Exit! IndusInd Bank CEO Quits Amid Crisis — RBI Rushes to Appoint Emergency Team
The Reserve Bank of India (RBI) has approved an interim team to manage IndusInd Bank after the sudden…
IndusInd Bank Faces a Downgrade—But Is There a Hidden Opportunity?
IndusInd Bank, once a standout player in the Indian banking sector, is currently facing some turbulence. A recent…
IndusInd Bank’s Deputy CEO Arun Khurana Resigns After Accounting Mistakes in Derivatives
IndusInd Bank announced on Monday that Arun Khurana, the bank's Deputy CEO and Executive Director, has resigned immediately.…
DCB Bank Stock Skyrockets 5.43% After 14% Profit Surge in Q4 FY25 – Here’s What You Need to Know!
DCB Bank’s net profit for the fourth quarter of FY25 has risen by 14% compared to last year,…
IndusInd Bank Shake-up: Changes to Top Management After ₹1,959.98 Crore Accounting Issue
IndusInd Bank has announced that it will be making changes to its top management roles following a significant…
Mass Layoffs at Axis Bank? CEO Breaks Silence on Shocking Exit of Senior Employees!
Axis Bank recently addressed rumors about laying off 100 senior employees. The CEO, Amitabh Chaudhry, clarified that there’s…
Yes Bank Hits Record Profit Growth! See How It Led to a 4.48% Stock Surge!
Yes Bank reported a strong financial performance for the quarter ending 31st March 2025 (Q4 FY25), with its…
ICICI Bank Hits Big with ₹12,629 Cr Profit in Q4! Discover the Secret Behind the Success!
ICICI Bank continues to show strong financial performance, with an 18% jump in net profit to ₹12,629.58 crore…
Grant Thornton Investigates IndusInd Bank Over $175M Overvaluation
Is there more than meets the eye in IndusInd Bank's accounting discrepancies? A deep dive into the ongoing…
RBI Keeps Watch: The Truth Behind IndusInd Bank’s Accounting Issue
RBI Keeps a Close Watch on IndusInd Bank: What’s Going On? The Reserve Bank of India (RBI) has…
IndusInd Bank’s Stock Falls 3% After RBI Approves CEO’s Shortened Tenure
Shares of IndusInd Bank (INBK.NS) fell 3% on Monday, closing at ₹908.35, after the Reserve Bank of India…