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2025-06-19 02:00:19| The Economic Times

IndusInd Bank's stock witnessed a significant rise. This followed an upgrade by Nomura from 'Neutral' to 'Buy'. The upgrade comes after the bank faced accounting discrepancies. Nomura's target price suggests a substantial upside. The firm acknowledged the bank's commitment to improved governance. RBI's recognition of recovery efforts also boosted confidence.

Category: News and Media

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2025-06-19 02:00:00| The Economic Times

An RBI investigation revealed lapses in Standard Chartered Bank's sale of complex derivative products, leading to accountability measures. Several employees from the forex derivatives desk have departed amidst intensified scrutiny. Bonuses for senior officials are withheld due to ongoing internal reviews and regulatory concerns regarding inadequate risk disclosures to clients.

Category: News and Media

2025-06-19 01:53:57| The Economic Times

'Buy the dips' is a strategy where investors take advantage of short-term market declines to buy stocks or ETFs at lower prices on the belief that the decline is temporary.

Category: News and Media

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