The dent in its books was caused by a September 2023 RBI communique spelling out how banks should value derivatives. It said all derivatives must be marked to market (MTM), which requires valuing assets and liabilities according to prevailing market price.
from Economic Times https://ift.tt/aPA4qHU
from Economic Times https://ift.tt/aPA4qHU
What's behind the fiasco at IndusInd Bank?
![What's behind the fiasco at IndusInd Bank?]()
Reviewed by শ্রী শ্রী সত্যনারায়ণ নমঃ
on
March 19, 2025
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