The fall in the domestic unit was triggered by the strengthening of the greenback to new highs amid monetary tightening measures in the US.
IndusInd Bank has reported discrepancies in its derivatives portfolio related to transactions spanning the last 7-8 years. These issues arose from internal trades involving low-liquidity
The RBI is examining whether unhedged forex liabilities are an issue specific to IndusInd Bank or a broader banking problem. IndusInd Bank disclosed discrepancies in
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