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Sparsh Jindal

22nd Apr 2025 · SEBI-Registered Analyst

IndusInd Bank Falls 6% on Fresh Forensic Audit by EY

INDUSINDBK
IndusInd Bank shares slid 6% to ₹776 on April 22 after reports of a second forensic audit by EY into a ₹600 crore interest income discrepancy in its microfinance portfolio. This comes alongside ongoing probes into forex accounting issues, with potential losses estimated at ₹1,979 crore.

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