IndusInd Bank board fears fraud involving key staff
Business

IndusInd Bank board fears fraud involving key staff

[ad_1] Due to the adverse impact of various accounting discrepancies, IndusInd Bank reported a consolidated net loss of ₹2,329 crore in Q4FY25.  | Photo Credit:

Is the Bank of England’s inflation survey really tricksy, or are we stupid, or is it both?
Finances

Is the Bank of England’s inflation survey really tricksy, or are we stupid, or is it both?

[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England’s

IndusInd Bank Q4 loss at ₹2,329 cr, full-year profit tanks 71%
Business

IndusInd Bank Q4 loss at ₹2,329 cr, full-year profit tanks 71%

[ad_1] IndusInd Bank has been rocked by accounting lapses, fraud in its microfinance and derivatives portfolios, and ₹595 crore in unsubstantiated assets, leading to a

Bank of England tightens rules for foreign banks with high-value deposits
Finances

Bank of England tightens rules for foreign banks with high-value deposits

[ad_1] Stay informed with free updates Simply sign up to the UK banks myFT Digest — delivered directly to your inbox. The Bank of England

Bank of England is cutting rates too quickly, warns its chief economist
Finances

Bank of England is cutting rates too quickly, warns its chief economist

[ad_1] Stay informed with free updates Simply sign up to the UK interest rates myFT Digest — delivered directly to your inbox. The Bank of

Vivriti fund gets  million from Development Bank of Austria
Business

Vivriti fund gets $20 million from Development Bank of Austria

[ad_1]  Vivriti Asset Management has secured an additional $20 million in senior debt commitments for its Vivriti India Retail Assets Fund (VIRAF) from the Development Bank of Austria

RBI grants “in-principle” approval to Emirates NBD Bank PJSC to set up WOS in India
Business

RBI grants “in-principle” approval to Emirates NBD Bank PJSC to set up WOS in India

[ad_1] The Reserve Bank of India has granted in-principle approval to Emirates NBD Bank PJSC to establish a Wholly Owned Subsidiary in India | Photo

Bank of England explores ways to loosen ringfencing rules for UK banks
Finances

Bank of England explores ways to loosen ringfencing rules for UK banks

[ad_1] Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. The Bank of

ED arrests ex-UCO Bank CMD Goel on money laundering charges
Business

ED arrests ex-UCO Bank CMD Goel on money laundering charges

[ad_1] The Enforcement Directorate (ED) on Monday said it has arrested former UCO Bank CMD Subodh Kumar Goel on money laundering charges in an alleged

Nifty Bank Prediction Today – May 19, 2025: Index stays in a narrow band
Business

Nifty Bank Prediction Today – May 19, 2025: Index stays in a narrow band

[ad_1] Nifty Bank index opened today’s session slightly lower at 55,326 versus Friday’s close of 55,355. It inched up after opening and is currently hovering

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