0% return in 10 years: CA highlights case of IndusInd Bank share saying Rs 1,000 in 2014, would still be Rs 1,000 in 2025

  • Posted on March 13, 2025
  • By Business News Today
  • 1 Views
0% return in 10 years: CA highlights case of IndusInd Bank share saying Rs 1,000 in 2014, would still be Rs 1,000 in 2025

IndusInd Bank, India's fifth-largest private lender, suffered a massive stock decline of over 27% following revelations of a significant accounting discrepancy in its forex derivative transactions. The issue, amounting to Rs 1,577 crore post-tax, has raised serious concerns about governance, transparency, and regulatory scrutiny. With the Reserve Bank of India (RBI) stepping in to review other banks' hedging effectiveness, the crisis has sparked broader questions about the stability of India's financial sector.
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