Indusind Bank shares tumble over 12% after clarification on whistleblower allegations
Shares of Indusind Bank on November 8 tumbled over 12 after the lender said it expended loans without client concurrence in May owing to a” specialized glitch”. The stock collapsed12.33 to ₹ on the Bombay Stock Exchange. At the NSE, it tumbled12.40 to ₹. Nominating whistleblower allegations on loan evergreening as”grossly inaccurate and unwarranted”, Indusind […]
Coal India despatches at all-time high in first 7 months of current fiscal
Coal India (CIL) despatches hit364.4 million tonne in the first seven months of the current financial, the loftiest ever, posting a 19 growth over the matching period the last financial. During the same period last financial, CIL despatched305.8MT. Indeed as CIL gradationally created an average 6 days’ stocks across all the 167 linked shops generating […]