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In India's banking sector Indusind bank A big controversy has arisen about it. After irregularities in the Forex Liability of the bank, the bank's foreign exchange transactions Reserve Bank of India (RBI) Now it is investigating that this problem only Indusind bank It is limited to or is spread throughout the banking sector. Indusind Bank shares fell 27 percent yesterday in one stroke.

RBI's tough eye

RBI from many big banks Foreign currency liabilites And (HEDGING) Strategies Has sought detailed information of The central bank wants to ensure that:

1. Has banks hedged their foreign exchange liabilities or not?
2. If the hedge is not done, what is the reason for it?
3. Are banks testing the effectiveness of their hedging strategies in every quarter?

Causes of irregularities in Indusind Bank

Indusind Bank itself has admitted that his Derivative portfolio There has been a disturbance in. Its impact on the total assets of the bank Up to 2.35% May be, and analysts estimate that the bank Loss of up to ₹ 1,600 crore It is possible

Bank's root at the root of this crisis Internal trading system Is:

• Bank Instead of hedging with external companies Own Internal trading desk Used
• External trades Market value Based on, but Internal trades To Swap valuation Was estimated through
• Japanese yen of 3 to 6 years and 8 to 10 years of bonds As Low liquidity instruments It was involved.

Indusind Bank's stocks fall drastically

Indusind Bank shares in last six months Fall over 50% Has arrived Especially when the bank Possible loss of ₹ 1,600 crore in March quarter Gave information in its shares 27% decline in a day Recorded.

Is this a sign of a major banking problem?

RBI is now trying to find out whether the same situation is in other banks as well. If this problem is widely found in the banking sector, it could prove to be a major threat to India's financial stability.

• Indusind bank It has shocked it due to disturbances in the forex hedging strategy.
• RBI is now investigating with information from all the big banks whether this problem is spread throughout the banking sector.
• Indusind's shares have declined drastically, causing major losses to investors.
• If this crisis spread to other banks Its serious impact on the entire Indian banking sector Can fall.

Now everyone's eyes RBI investigation report And rests on the next action of the government.