Sumant Kathpalia

HDFC Mutual Fund increases stake in IndusInd Bank despite stock plunging 32%

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HDFC Mutual Fund increases stake in IndusInd Bank despite stock plunging 32%

HDFC Mutual Fund has increased its stake in IndusInd Bank by acquiring an additional 0.20% of the bank’s paid-up shares. This move comes during a period of significant market fluctuation for the bank, which recently faced a sharp decline in its share value after announcing discrepancies in its internal derivatives accounting. The banking stock closed … Read more

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

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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 day (Wednesday – March 12), questions about the security of fixed deposits (FDs) have surfaced … Read more