IndusInd Bank has estimated an adverse impact of 2.35 percent on its n….

IndusInd Bank has estimated an adverse impact of 2.35 percent on its networth. Review was undertaken following RBI’s directions on investment portfolio of lenders, issued in September 2023. The lender revealed that a final report of the external agency is awaited, basis which the the bank will appropriately consider any resultant impact in its financial statements. The bank’s shares ended nearly 4 percent lower at Rs 900.50 on the NSE. The stock has shed nearly 16 percent in the last month. The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. The website advises users to check with certified experts before taking any investment decisions. For confidential support call the Samaritans in the UK on 08457 90 90 90, visit a local Samaritans branch or click here for details. In the U.S. call the National Suicide Prevention Lifeline on 1-800-273-8255 or visit http://www.suicidepreventionlifeline.org/.

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