MUMBAI, April 4 (Reuters) - IndusInd Bank ignored established Indian derivative accounting practices for years as it chased profit growth, resulting in a $175 million balance-sheet hole and the ...
In October, Dubai-based Emirates NBD Bank (ENBD) PJSC—the UAE’s second-largest lender—agreed to acquire a 60% controlling ...
Ever since Indian prime minister Narendra Modi announced the privatization of two state-owned banks in his budget speech in February, the Indian banking community has been engaged in a diverting game: ...
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