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Published on Mar 15, 2025

RBI says IndusInd Bank stable; to fix all discrepencies in seven days

The Reserve Bank of India has confirmed that IndusInd Bank is financially stable and adequately capitalised. Depositors are advised not to react to speculation concerning the bank's foreign exchange derivative portfolio discrepancies, which are to be …

Source: The Times of India - Center-right
Published on Mar 15, 2025

IndusInd Bank’s financial health stable, being monitored closely, says RBI

The Reserve Bank of India (RBI) on Saturday said that IndusInd Bank depositors need not worry since the bank’s financial health remains stable.“There is no need for depositors to react to the speculative reports at this juncture. The bank’s financial …

Source: The Indian Express - Center-left
Published on Mar 15, 2025

RBI assures IndusInd depositors that bank is well capitalised

The Reserve Bank of India (RBI) has assured depositors of IndusInd Bank that there is no need to panic due to speculative reports in the media and asked the IndusInd Bank’s board on Saturday to complete remedial action by March 31, 2025, after making …

Source: The Statesman (India) - Center-left
Published on Mar 15, 2025

RBI Directs IndusInd Bank To Complete Remedial Action By March 31; Closely Monitors Financial Health

Mumbai: The Reserve Bank of India (RBI) on Saturday asked IndusInd Bank’s board and the management to complete remedial action by March 31, 2025, after making required disclosures to all stakeholders. “As such, there is no need for depositors to react to …

Source: Free Press Journal - Neutral
Published on Mar 15, 2025

RBI Says 'IndusInd Bank Is Well-Capitalised', Directs Lender To Complete Remedial Action By Month-End

Last Updated:March 15, 2025, 14:57 IST The RBI directs IndusInd Bank to have the remedial action completed fully during the current quarter (Q4FY25), and says 'there is no need for depositors to react to the speculative reports at this juncture'. …

Source: News18 - Center-right
Published on Mar 15, 2025

RBI says IndusInd Bank ‘well-capitalised’, ‘financial health stable’

The latest on IndusInd Bank derivative discrepancy issue- The Reserve Bank of India has come out with a statement and stated that “there is no need for depositors to react to the speculative reports at this juncture. The bank’s financial health remains …

Source: Financial Express - Neutral
Published on Mar 15, 2025

RBI reassures depositors, states IndusInd Bank's financial health remains stable

The Reserve Bank of India (RBI) reassured depositors on Saturday regarding concerns over IndusInd Bank’s financial stability, confirming that the private lender remains well-capitalized and its financial health is stable. In a statement, the RBI emphasized …

Source: The Economic Times - Label Pending
Published on Mar 15, 2025

IndusInd auditors seek forensic scrutiny of derivatives portfolio

The joint auditors of the Hinduja Group-promoted IndusInd Bank-MP Chitale & Co and MSKA & Associates-have written to the bank's board requesting a forensic audit of the derivatives portfolio, highly placed sources within the bank who are privy …

Source: The Economic Times - Label Pending
Published on Mar 13, 2025

IndusInd Bank stock: Are your bank deposits, FDs secure despite price fluctuations at stock market?

IndusInd Bank has recently been in the spotlight after its stock fell to a 52-week low on March 11, 2025, (Tuesday) attributed to an accounting irregularities related to forex derivative transactions. Although the stock saw a slight recovery the following …

Source: Business Today - Uncategorized
Published on Mar 13, 2025

Is your FD really safe? Know insurance coverage for your deposits with IndusInd and other banks

IndusInd Bank is in the news this week as its stock crashed to a 52-week low (on March 11, 2025) due to an accounting error linked to forex derivative transactions. However, the stock recovered slightly the next day. This financial mess, which might not …

Source: Financial Express - Neutral
Published on Mar 13, 2025

IndusInd Bank: RBI Expands Investigation into Derivative Exposures...

The Reserve Bank of India (RBI) has widened its investigation into derivative exposures of multiple private and state-run banks following significant accounting discrepancies revealed by IndusInd Bank. This expanded probe comes after IndusInd Bank …

Source: Moneylife India - Neutral
Published on Mar 13, 2025

IndusInd Bank crisis: Is it similar to YES Bank or not? ProfitMart's Avinash Gorakshakar answers

Shares of IndusInd Bank Ltd have been under severe pressure ever since the private lender flagged lapses worth over Rs 1,530 crore in its forex derivatives portfolio. Following an internal assessment of processes pertaining to certain segments of its …

Source: Business Today - Uncategorized
Published on Mar 14, 2025

RBI's 8-day VRR auction sees tepid demand, likely due to tenor

The eight-day variable rate repo (VRR) auction that the Reserve Bank of India conducted on Thursday got bids for less than one-tenth of the notified amount, with treasury executives citing the tenure of the operation as a likely reason for the weak demand. …

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

IndusInd Bank: Insiders Offload, FIIs Exit and DIIs Step in

IndusInd Bank has been at the centre of financial turmoil following the revelation of discrepancies in its derivative portfolio, leading to a 2.35% reduction in net worth. This triggered a sharp decline in its stock price on Tuesday. We have covered it …

Source: Moneylife India - Neutral
Published on Mar 13, 2025

NSE puts IndusInd Bank under additional surveillance after derivatives discrepancies

Private lender IndusInd Bank's stock has been put under short term Additional Surveillance Measure (ASM) - Stage 1 by the NSE. The decision was taken on March 13 following a nearly 30% fall after accounting discrepancies were reported by the bank in …

Source: The Economic Times - Label Pending

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Published on March 17, 2025 - 20:15 GMT

Global Star Acquisition Inc. Commences Trading on the OTC Markets

NEW YORK and SEOUL, South Korea, March 17, 2025 (GLOBE NEWSWIRE) -- Global Star Acquisition Inc. (OTC Markets: GLST) (“Global Star” or the “Company”), a special purpose acquisition company, received a notification letter from The Nasdaq Stock Market, LLC …

Distribution channels: Banking, Finance & Investment Industry ...
Published on March 18, 2025 - 05:21 GMT

McEwen Mining Reports 2024 Q4 & Year-End Results and Outlook for 2025

TORONTO, March 18, 2025 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported its fourth quarter ("Q4") and full year 2024 financial and operational results. Production ounces in line with guidance coupled with higher gold …

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Published on March 18, 2025 - 04:20 GMT

Titanium Transportation Group Reports FY 2024 Financial Results Highlighted by 5% Revenue Growth

Sustained revenue growth in Fiscal 2024, supported by a 11.6% year-over-year revenue growth in Trucking and a 10.6% increase in Logistics, reflecting the contribution of the strategic asset-based expansion into the U.S. Logistics segment demonstrated …

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Published on March 17, 2025 - 17:34 GMT

X-Arcade and Zen Studios Join Forces to Redefine Arcade & Pinball in VR

Arcade2TV-XR Now Fully Compatible with Pinball FX VR, Launching April 3, 2025! CHICAGO, IL, UNITED STATES, March 17, 2025 /⁨EINPresswire.com⁩/ -- Two titans of retro gaming, X-Arcade and Zen Studios, are teaming up to create a pinball and arcade …

Distribution channels: Amusement, Gaming & Casino, Consumer Goods ...

Published on March 17, 2025 - 22:05 GMT

Lithium Argentina Reports Fourth Quarter and Full Year 2024 Results

ZUG, Switzerland, March 17, 2025 (GLOBE NEWSWIRE) -- Lithium Argentina AG (“Lithium Argentina” or the “Company”) (TSX: LAR) (NYSE: LAR) today announced its fourth quarter and full year 2024 results. Unless otherwise stated, results are presented in United …

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Published on March 17, 2025 - 20:07 GMT

Getty Images Reports Fourth Quarter and Full Year 2024 Results

Q4 Revenue Growth of 9.5%, Currency Neutral Growth of 8.5% Q4 Annual Subscriber Revenue Growth of 11.8% Annual Subscriber Revenue Represents 54.9% of Total Revenue in Q4 FY 2024 Revenue Growth of 2.5% with Strong Profitability NEW YORK, March 17, 2025 ( …

Distribution channels: Business & Economy, Media, Advertising & PR ...
Published on March 17, 2025 - 21:30 GMT

MEDIROM Healthcare Technologies Inc. Announces New JPY350 Million (Approximately $2.4 Million*) Unsecured Loan Financing

TOKYO, March 17, 2025 (GLOBE NEWSWIRE) -- MEDIROM Healthcare Technologies Inc. (Nasdaq CM: MRM), a holistic healthcare company based in Japan (the “Company” or “MEDIROM”), today announced that it has obtained a new unsecured short-term bank loan in the …

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Published on March 14, 2025 - 08:25 GMT

Foreign exchange reserves and nominal effective exchange rate index for the pataca – February 2025

MACAU, March 14 - The Monetary Authority of Macao announced today (14 March) that the preliminary estimate of Macao SAR’s foreign exchange reserves amounted to MOP241.5 billion (USD30.15 billion) at the end of February 2025. The reserves increased by 0.4% …

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Published on March 18, 2025 - 07:00 GMT

Turkish Airlines Chooses CEFA Aviation to Boost Safety and Training Capabilities

Turkish Airlines partners with CEFA Aviation for CEFA AMS EFB solution, enhancing flight safety, efficiency, and pilot training with instant flight replays. COLMAR, ALSACE REGION, FRANCE, March 18, 2025 /⁨EINPresswire.com⁩/ -- CEFA Aviation is …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on March 18, 2025 - 07:00 GMT

AI-Voice Consumer Surveys -- OptusApp Invites Investors to Join the Journey

OptusApp welcomes potential investors on its journey, and launches a ground breaking cost-down AI Voice driven service for the housing sector. LONDON, UNITED KINGDOM, March 18, 2025 /⁨EINPresswire.com⁩/ -- AI-Voice Consumer Surveys -- OptusApp …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 18, 2025 - 06:37 GMT

Flowtasks Launches AI-Driven Automation-as-a-Service to Transform Business Operations

Empowering Organizations with Intelligent Autonomous Agents for Enhanced Efficiency JOHANNESBURG, GAUTENG, SOUTH AFRICA, March 18, 2025 /⁨EINPresswire.com⁩/ -- Flowtasks is proud to announce the launch of its innovative Automation-as-a-Service ( …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on March 18, 2025 - 05:14 GMT

Jeeva Clinical Trials Unveils Partnership Program to Accelerate Next-Gen Clinical Trials with Unified, AI-Driven CTMS

Jeeva Clinical Trials, a leader in decentralized clinical trials technology announces the launch of its CRO Partnership Program to streamline & automate trials. MANASSAS, VA, UNITED STATES, March 18, 2025 /⁨EINPresswire.com⁩/ -- Jeeva Clinical …

Distribution channels: Banking, Finance & Investment Industry, Beauty & Hair Care ...
Published on March 18, 2025 - 05:10 GMT

Silent Breach Discovers Critical WordPress Plugin Vulnerability

Our research team has recently discovered a critical vulnerability affecting the WP Test Email WordPress plugin, now tracked as CVE-2024-2593. NYC, NY, UNITED STATES, March 18, 2025 /⁨EINPresswire.com⁩/ -- At Silent Breach, our labs work at the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 18, 2025 - 05:00 GMT

Colle AI (COLLE) Continues Innovation in AI-NFT Development with Strategic XRP and Solana Support

Leveraging Blockchain Advancements for Smarter NFT Transactions and Liquidity Growth DUBAI, DUBAI, UNITED ARAB EMIRATES, March 18, 2025 /⁨EINPresswire.com⁩/ -- Colle AI (COLLE) is accelerating AI-driven NFT development with strategic support from …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 18, 2025 - 05:00 GMT

AGII Strengthens Blockchain Security with AI-Powered Risk Mitigation and Fraud Prevention

AGII enhances blockchain resilience with cutting-edge AI models, delivering real-time risk assessment and fraud detection for decentralized systems. SEATTLE, WA, UNITED STATES, March 18, 2025 /⁨EINPresswire.com⁩/ -- AGII, a pioneering AI-powered …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 18, 2025 - 04:59 GMT

Wolf River Electric Launches New & Improved Rebate and Referral Program

Solar Customers Can Earn More and Be Rewarded for Sharing Sunshine ISANTI, MN, UNITED STATES, March 17, 2025 /⁨EINPresswire.com⁩/ -- Wolf River Electric is excited to announce the launch of its new and improved rebate and referral program, …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on March 18, 2025 - 03:30 GMT

Boomitra and EID Parry Partner to Scale Regenerative Agriculture and Carbon Finance for Sugarcane Farmers in India

Partnership to Improve Soil Health, Enhance Farmer Resilience, and Drive Climate Action Across Key Sugarcane Regions SAN MATEO, CA, UNITED STATES, March 17, 2025 /⁨EINPresswire.com⁩/ -- Boomitra, a global leader in soil carbon markets and …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on March 17, 2025 - 23:18 GMT

Howell Management Services (HMS): Expanding Global Education Opportunities for International Students

NEW YORK, NY, UNITED STATES, March 17, 2025 /⁨EINPresswire.com⁩/ -- Howell Management Services (HMS) continues to redefine global education by connecting international students with top-tier universities that offer career-focused academic programs. …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on March 17, 2025 - 22:20 GMT

Increased Focus on Defi Hedge Funds

Increased Focus on Crypto Hedge Funds, especially defi funds LONDON, UNITED KINGDOM, March 17, 2025 /⁨EINPresswire.com⁩/ -- With the rise of cryptocurrency in recent years, it comes as no surprise that traditional fund managers are now jumping on …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 17, 2025 - 21:59 GMT

Couplr AI Surpasses 1,000 Financial Advisor Profiles, Redefining Client-Advisor Matching

Couplr AI Celebrates Major Milestone: Over 1,000 Advisors Now on Platform while integrating with two large CRMs FL, UNITED STATES, March 17, 2025 /⁨EINPresswire.com⁩/ -- Couplr AI, the premier find-an-advisor platform for insurance and wealth …

Distribution channels: Banking, Finance & Investment Industry, Insurance Industry ...
Published on March 17, 2025 - 20:34 GMT

Financial Expertise in Long-Term Care: Insights from Andrew Haley

MECHANICSBURG, PA, UNITED STATES, March 17, 2025 /⁨EINPresswire.com⁩/ -- As global populations age, the demand for long-term care solutions continues to rise, creating financial challenges for individuals and families. In an exclusive interview …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 17, 2025 - 20:26 GMT

Health Connect America Celebrates FCTF’s Annual Day of Giving in South Carolina

COLUMBIA, SC, UNITED STATES, March 17, 2025 /⁨EINPresswire.com⁩/ -- In support of the Family Centered Treatment Foundation's (FCTF) Annual Day of Giving, Health Connect America proudly participated in volunteer activities across South Carolina …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 17, 2025 - 20:05 GMT

His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan announces Strategic Partnership with Diginex (Nasdaq: DGNX)

Nomas announces Strategic Partnership with Diginex (Nasdaq: DGNX) for ADX Dual Listing, USD$250 Mn Capital Injection to Advance Sustainable Finance in the UAE Diginex Limited (NASDAQ:DGNX) ABU DHABI, UNITED ARAB EMIRATES, March 18, 2025 /⁨ …

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Published on March 17, 2025 - 19:14 GMT

Where Do You Go When the Taxman Calls with Lisa Sperow

Low-Income Taxpayer Clinics ensure the fairness and integrity of the tax system by educating low-income taxpayers about their rights and responsibilities. MONTEREY/SANTA BARBARA, CA, UNITED STATES, March 17, 2025 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...
Published on March 17, 2025 - 19:09 GMT

StorX Network Reports Significant Growth and Advancements in Q1 2025

StorX enhances decentralized cloud storage with platform upgrades, key partnerships, and expanding community engagement DUBAI, UNITED ARAB EMIRATES, March 17, 2025 /⁨EINPresswire.com⁩/ -- StorX Network, a leading decentralized cloud storage …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 17, 2025 - 18:44 GMT

Agrellus Announces 2025 Innovation Grant Recipients

Agrellus Proving Ground is designed to conduct trials that "think like a farmer" through a rigorous methodology on REAL farms, independently, at Farm Scale. LUBBOCK, TX, UNITED STATES, March 17, 2025 /⁨EINPresswire.com⁩/ -- Agrellus, a …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on March 17, 2025 - 17:03 GMT

ETHDam III: Amsterdam’s Leading Privacy, Security & AI Event Returns in 2025

The premier hackathon and conference for privacy, security, and AI builders is back May 9-11, 2025 in Amsterdam AMSTERDAM, NETHERLANDS, March 17, 2025 /⁨EINPresswire.com⁩/ -- ETHDam III in Amsterdam is bringing together the brightest minds in Web3 …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 17, 2025 - 16:30 GMT

Peak 1031 Exchange, Inc. Welcomes Jay Peet as Vice President of Business Development

Jay Peet joins Peak 1031 Exchange as VP of Business Development, bringing 20+ years of expertise in tax-deferred exchanges and real estate transactions. LOS ANGELES, CA, UNITED STATES, March 17, 2025 /⁨EINPresswire.com⁩/ -- Peak 1031 Exchange, Inc …

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