A one-time charge of about ₹1,960 crore, tied to accounting discrepancies in its derivatives portfolio, is expected to dent the bottomline at the lender that has lately been consuming column inches over uncomfortable disclosures.
The Reserve Bank of India is tightening oversight of foreign-exchange markets and non-deliverable forward (NDF) norms to curb rupee volatility. Recent directives cap banks’ net
Indian sovereign bond yields saw a significant drop on Monday. This retreat followed reports of a potential de-escalation in the West Asia war. Expectations of
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