IndusInd Bank
IndusInd Bank Shares Plummet Over 26% Amid Accounting Discrepancies
Anthony Lane
IndusInd Bank’s shares plunged 26% on March 11, 2025, following accounting discrepancies in its forex derivatives portfolio. The bank estimates a ₹1,600-₹2,000 crore impact on its net worth, triggering panic among investors. Analysts recommend caution, while the bank engages external auditors to restore confidence
