Is IndusInd turmoil a one-off or one of many? RBI wants to know

March 12, 2025

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 its derivative portfolio, possibly resulting in significant financial losses. Banks have been instructed to provide detailed hedging information and ensure compliance with guidelines.

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Chandigarh man unearths 37-year-old Reliance shares worth Rs 12 lakh, ignites social media frenzy

Rattan Dillon, a car enthusiast from Chandigarh, stumbled upon physical share certificates of Reliance Industries (RIL) during a spring cleaning session. The certificates revealed that

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Kolkata-based B2B education platform Crizac gets Sebi Nod for Rs 1,000 crore IPO

Crizac has received SEBI approval for a Rs 1,000 crore IPO, entirely an offer for sale (OFS). The OFS includes Rs 841 crore worth of

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