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Crisil Ratings has placed IndusInd Bank's long-term debt instruments under rating watch with negative implications, following key managerial resignations and a review of its microfinance business. Concerns over internal financial controls and the impact on profitability are being closely monitored. The agency awaits clarity on the MFI discrepancies and their potential impact on the bank's operations.
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Russian President Vladimir Putin said he had "productive" talks with Xi Jinping in Moscow on Thursday, addressing the Chinese leader as his "dear friend".
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News and Media
Interest rates, set by the Bank of England, affect mortgage, loan and savings rates for millions.
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News and Media
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