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A barrage of new Trump policies has increased uncertainty for businesses, consumers and investors, notably back-and-forth tariff moves against major trading partners like Canada, Mexico and China.

Indian banks are facing challenges in deposit mobilization, leading to a higher Loan-to-Deposit Ratio of nearly 126% as of February 2025. Despite lender programs, deposit growth remains sluggish, forcing banks to rely on alternative funding sources and intensifying competition for bulk deposits.

This anticipated erosion in net worth, which the lender estimated at 2.35% of the total, follows Monday s disclosures on discrepancies in derivative deals over the past five to seven years, executives told analysts in a late-evening call.

Maturities in the non-deliverable forwards (NDF) market also pressured the currency that has been buffeted by foreign fund sales of local equities since late September.

NSE s Nifty fell 92.2 points, or 0.4%, to close at 22,460. It made an intraday high of 22,676. BSE s Sensex declined 217 points or 0.3% to end at 74,115. Both the indices fell nearly 1% from the day s high.

In the past one month, the stock has plunged over 15% while Bank Nifty fell 3.53% in the same period. ICICI Securities downgraded IndusInd Bank to reduce from buy and slashed the target price to ₹850 from ₹1,350.

Singapore s largest exchange group intends to launch the contracts in the second half of 2025, a spokesperson said in an emailed statement. The company will strictly target institutional clients and professional investors, with retail customers barred from trading the instruments.

As the global head of wealth and retail banking, Hsu oversees assets of $367 billion which grew 35% year-on-year in 2024, according to a presentation of the bank s annual results. Her business reported a pre-tax profit of $2.4 billion. The bank has set a target to attract $200 billion of net new money over the next five years and achieve a double-digit compounded annual growth rate for wealth solutions-related income.

IndusInd Bank s internal review has found discrepancies in its derivative portfolio, potentially impacting the bank s net worth by 2.35% by December 2024. This follows RBI s 2023 directions on derivatives. Although an external agency will verify findings, IndusInd Bank assures strong profitability to absorb the impact. Shares fell by 3.71% after the report.

IndusInd Bank shares: The Reserve Bank of India (RBI) granted CEO Sumant Kathpalia a one-year extension, instead of the three-year term requested by the bank’s board. Brokerages responded with a mix of target price downgrades and cautious outlooks.