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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 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 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 12, 2025

FIIs cut stake in IndusInd, DIIs stock up; CEO, Dy CEO offload shares

Foreign portfolio investors pared their stake in IndusInd Bank stock by over 16 percentage points in 2024 in the runup to the current disclosures by the bank, while its CEO and Deputy CEO were also offloading shares over the last two years, data showed. …

Source: The Hindu Business Line - 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
Published on Mar 13, 2025

0% return in 10 years: CA highlights case of IndusInd Bank share saying Rs 1,000 in 2014, would still be Rs 1,000 in ...

IndusInd Bank faced an unprecedented setback on Tuesday as its shares plummeted by 27%, marking their worst single-day fall in history. The trigger? A shocking revelation of an accounting mismatch linked to forex derivative transactions. The discrepancy, …

Source: The Economic Times - Label Pending

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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 16, 2025 - 22:00 GMT

Qifu Technology Announces Fourth Quarter and Full Year 2024 Unaudited Financial Results and Raises Semi-Annual Dividend

SHANGHAI, China, March 16, 2025 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading AI-empowered Credit-Tech platform in China, today announced its unaudited financial results for the fourth …

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Published on March 14, 2025 - 08:30 GMT

Pioneering Autonomous Technology Drives Global Expansion and Commercial Market Growth

NEW YORK, March 14, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (Nasdaq: WRD) (“WeRide” or the “Company”), a global leader in autonomous driving technology, today announced its unaudited financial results for the fourth quarter and full year ended December 31, …

Distribution channels: Automotive Industry, Business & Economy ...
Published on March 13, 2025 - 14:00 GMT

Bookkeeping and Tax Preparation Experts Help Nevada Small Businesses Stay Ahead in a Competitive Market

Nevada businesses streamline finances with IBN Technologies’ expert bookkeeping and tax prep, ensuring accuracy and compliance. MIAMI, FL, UNITED STATES, March 13, 2025 /⁨EINPresswire.com⁩/ -- Businesses across the USA increasingly turn to …

Distribution channels: Business & Economy ...

Published on March 12, 2025 - 21:00 GMT

Currency Exchange International Announces a 10% Increase in Revenue for the first quarter of 2025 Versus the Prior Year

TORONTO, March 12, 2025 (GLOBE NEWSWIRE) -- Currency Exchange International, Corp. (the “Group” or “CXI”) (TSX: CXI; OTC: CURN), today reported net income of $0.8 million for the first quarter of 2025, 4% lower than the prior year (all figures are in U.S. …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 13, 2025 - 16:55 GMT

RUBIS: Full-year 2024 results - Another year of strong cash-flow generation

Paris, 13 March 2025, 5:45pm Diversified portfolio at play, with headwinds in Africa offset by strong performance of energy distribution in the Caribbean region EBITDA of €721m, at the higher-end of the €675-725m guidance range, -3% yoy on a comparable …

Distribution channels: Business & Economy ...
Published on March 14, 2025 - 12:00 GMT

Great Lakes Announces $50 Million Share Repurchase Program

HOUSTON, March 14, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today announced that its Board of Directors has …

Distribution channels: Building & Construction Industry ...
Published on March 14, 2025 - 11:55 GMT

illumin Reports Fourth Quarter and Full Year 2024 Financial Results

Fourth Quarter Revenue shows Growth Across All Service Lines by 35% YoY to $49.9 Million Full Year Revenue Grows 11% YoY to $140.4 Million Self-Service Revenue Grew by 45% YoY for the Quarter and 78% for the Full Year Adjusted EBITDA Improved by 42% YoY …

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Published on March 17, 2025 - 06:21 GMT

Red Light Method to Transform The Boutique Health and Wellness Industry

Red Light Method continues to expand across the country and make wellness accessible and affordable for all. RENO, NV, UNITED STATES, March 17, 2025 /⁨EINPresswire.com⁩/ -- Red Light Method Destined to Transform The Boutique Health and Wellness …

Distribution channels: Banking, Finance & Investment Industry, Beauty & Hair Care ...
Published on March 17, 2025 - 05:13 GMT

QuestionPro and MarketCulture Join Forces to Help Australian Businesses Drive Productivity

With customer expectations continuing to evolve, Australian brands must find new ways to embed customer-centricity into their DNA. Grow revenue 2.5 times faster SYDNEY, NSW, AUSTRALIA, March 17, 2025 /⁨EINPresswire.com⁩/ -- Global research and …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 17, 2025 - 05:12 GMT

CTV News Kitchener Features Dr. Linda Pajoel, Author of Stock Market Mama, in a One-on-One Interview

Acclaimed Author and Financial Educator Continues Her Book Tour, Empowering Women with Stock Investing Knowledge ONTARIO, CANADA, March 17, 2025 /⁨EINPresswire.com⁩/ -- Dr. Linda Pajoel, author of Stock Market Mama, was featured in a one-on-one …

Distribution channels: Banking, Finance & Investment Industry, Beauty & Hair Care ...
Published on March 17, 2025 - 05:12 GMT

Dr. Linda Pajoel, Author of Stock Market Mama, Joins DJ Rae Kelly at Virgin Radio KW

Financial Educator and Author Takes Her Book Tour to Top Media Outlets, Spreading the Message of Wealth-Building for Women KITCHENER, ONTARIO, CANADA, March 17, 2025 /⁨EINPresswire.com⁩/ -- Dr. Linda Pajoel, financial educator and author of Stock …

Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ...
Published on March 17, 2025 - 05:11 GMT

Dr. Satpreet Singh Recognized by Marquis Who’s Who Top Scientists for Excellence in Leadership and Financial Services

Global Business Leader Dr. Satpreet Singh Celebrated in Marquis Who’s Who Top Scientists for His Excellence in Leadership MANTECA, CA, UNITED STATES, March 16, 2025 /⁨EINPresswire.com⁩/ -- Dr. Satpreet Singh, a distinguished leader in financial …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 16, 2025 - 20:58 GMT

Balfour Capital Group Announces Premier Partnership with Rahul Sharma, CPA and Finance Expert

Investment Advisors , Investment Strategies , Global Markets YVERDON-LES-BAINS, SWITZERLAND, March 16, 2025 /⁨EINPresswire.com⁩/ -- Balfour Capital Group is pleased to announce a premier business partnership with Rahul Sharma, CPA, a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 16, 2025 - 20:57 GMT

Balfour Capital Group Releases White Paper on Self-Managed Super Funds (SMSFs) in Australia

Self Managed Super Funds, Retirement Strategies MELBOURNE, AUSTRALIA, March 16, 2025 /⁨EINPresswire.com⁩/ -- Balfour Capital Group is pleased to announce the release of its latest white paper, "Self-Managed Super Funds in Australia," …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 16, 2025 - 20:00 GMT

TAJ Holding Group Appoints Mr. Raed Bairagdar as Independent Director and Chairman of Audit Committee

RIYADH, SAUDI ARABIA, March 17, 2025 /⁨EINPresswire.com⁩/ -- TAJ Holding Group is pleased to announce the appointment of Mr. Raed Bairagdar as an Independent Director and Chairman of the Audit Committee, effective immediately. This strategic …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on March 16, 2025 - 18:41 GMT

ONE BRAND Selects EcoEnclose as Partner to Minimize Planet Impact with New Eco-Packaging Option for ONE Community

ONE BRAND’s community now has the option to select sustainable, eco-friendly packaging at checkout, featuring materials made from up to 100% post-consumer waste LOS ANGELES, CA, UNITED STATES, March 14, 2025 /⁨EINPresswire.com⁩/ -- Continuing its …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on March 16, 2025 - 18:14 GMT

The Mortgage Calculator Highlights Down Payment Assistance Programs for Homebuyers

The Mortgage Calculator provides pathways for first-time and repeat homebuyers to access down payment assistance, supported by user-friendly online tools. MIAMI, FL, UNITED STATES, March 16, 2025 /⁨EINPresswire.com⁩/ -- The Mortgage Calculator …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on March 17, 2025 - 06:01 GMT

Bybit Introduces Margin Staked SOL, Balancing Earning Potentials with the Power of Leverage

DUBAI, United Arab Emirates, March 17, 2025 (GLOBE NEWSWIRE) -- Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is thrilled to announce the launch of Margin Staked SOL, an innovative product designed to help users optimize …

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...
Published on March 17, 2025 - 04:02 GMT

Bitget Features in UCLA Professor Alex Nascimento’s Book on Blockchain and STOs

VICTORIA, Seychelles, March 17, 2025 (GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has been featured in the fourth edition of The STO Financial Revolution by Alex Nascimento, leading blockchain researcher and professor …

Distribution channels: Banking, Finance & Investment Industry ...
Published on March 16, 2025 - 22:00 GMT

Qifu Technology Announces Fourth Quarter and Full Year 2024 Unaudited Financial Results and Raises Semi-Annual Dividend

SHANGHAI, China, March 16, 2025 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading AI-empowered Credit-Tech platform in China, today announced its unaudited financial results for the fourth …

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Published on March 16, 2025 - 09:40 GMT

Former Tier 1 Bank VP Joins Sosuv to Enhance Technology Consulting Excellence

LONDON, UNITED KINGDOM, March 16, 2025 /⁨EINPresswire.com⁩/ -- Sosuv Consulting, a leading technology consulting firm in the electronic trading sector, is excited to announce that Sathya Reddy, former Vice President at Goldman Sachs, has joined the …

Distribution channels: Banking, Finance & Investment Industry ...
Published on March 16, 2025 - 09:34 GMT

IncomeInsider.org Releases Updated List of the Best Gold IRA Companies for 2025

Gold IRA industry veterans and rising stars make the cut in this year’s rankings WASHINGTON, DC, UNITED STATES, March 16, 2025 /⁨EINPresswire.com⁩/ -- IncomeInsider.org, a leading financial resource for retirement savers, has just published its …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 16, 2025 - 08:55 GMT

Balfour Capital Group Announces Speaking Engagement by Johan Boos at Université Côte d’Azur

YVERDON-LES-BAINS, SWITZERLAND, March 16, 2025 /⁨EINPresswire.com⁩/ -- Balfour Capital Group is pleased to announce that Johan Boos, Head of the European Division at Balfour Capital, will be speaking at the esteemed Université Côte d’Azur (UCA) on …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 16, 2025 - 08:39 GMT

ONE BRAND: Made to Launch - A Decade in the Making – Uniting Humanity, Raising Impact, and Transforming Earth

Exclusive Beta 2.5 Launch Unites Limited-Edition Luxury, Philanthropy, and Community Empowerment, Pioneering a New Era of Heart-Centered Impact. LOS ANGELES, CA, UNITED STATES, March 16, 2025 /⁨EINPresswire.com⁩/ -- ONE BRAND, a revolutionary …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 16, 2025 - 11:23 GMT

Luis de Guindos: Interview with The Sunday Times

16 March 2025 The progress of annual inflation, at least up until February, looked like it was going in the wrong direction. Are you still confident that it will converge towards 2% sometime this year? The disinflation process is on track. There was a …

Distribution channels: Banking, Finance & Investment Industry
Published on March 15, 2025 - 17:59 GMT

SWAT IT! Pest Control Expands Operations to Florida

SWAT IT! Pest Control Expands Operations to Florida MIAMI, FL, UNITED STATES, March 15, 2025 /⁨EINPresswire.com⁩/ -- SWAT IT! Pest Control, a leader in pest control services, has announced its expansion into the Florida market. With an established …

Distribution channels: Banking, Finance & Investment Industry, Consumer Goods ...
Published on March 15, 2025 - 15:00 GMT

Timeshare Owners Are Exiting Their Timeshares Before Their Next Annual Fee Is Due

Timeshare owners are duped into purchase—Lonestar Transfer helps them exit contracts legally and reclaim financial freedom before another year of costs ROYSE CITY, TX, UNITED STATES, March 15, 2025 /⁨EINPresswire.com⁩/ -- Timeshare owners are …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...