IndusInd Bank Shares Crash 27% to ₹655 After Accounting Discrepancy Disclosure
IndusInd Bank’s shares have experienced a significant decline, closing 27% lower at ₹655 on Tuesday. This sharp drop follows the bank’s disclosure of accounting discrepancies related to foreign exchange derivatives, which could result in a substantial one-time impact on its earnings. On Monday, IndusInd Bank reported a 2.35% reduction in its net worth as of … Read more