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IndusInd Bank

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    What Happened to IndusInd Bank Shares?

    Started by Indialevel Community,

    IndusInd Bank Shares Plunge 27% to 52-Week Low: Accounting Discrepancies Spark Investor Concerns March 11, 2025, 4:54 PM IST – IndusInd Bank shares crashed by a staggering 27% on Tuesday, hitting a 52-week low of Rs 655.95 on the Bombay Stock Exchange (BSE). This marked the steepest single-day decline in the bank’s stock history, wiping out over Rs 18,000 crore in market capitalization. The dramatic sell-off was triggered by the bank’s disclosure of accounting irregularities in its forex derivatives portfolio, raising red flags about governance and financial stability. What Happened to IndusInd Bank Shares? On Monday evening, IndusInd Bank revealed discrepancies in its de…

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