IndusInd Bank shares rebound after falling nearly 6% in early trade

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ShotsTrendingMenu×ADVERTISEMENT ADVERTISEMENT ADVERTISEMENTHomebusinessmarketsIndusInd Bank shares rebound after falling nearly 6% in early tradeIn the March quarter, the bank took impact of

all the irregularities brought to the notice, including a Rs 1,960 crore hit from incorrect recognition of derivative trades, cumulative interest income reversal of Rs 674 crore due to

incorrect accounting, disclosed a Rs 172 crore fraud where employees had led it to incorrectly classify the amount as fee income under the microfinance business, set off Rs 595 crore of

incorrect manual entries posted as "Other Assets" and "Other Liabilities" in the past, and also recognised the higher slippages.PTILast Updated : 22 May 2025, 06:17 IST Follow Us :

CommentsADVERTISEMENTPublished 22 May 2025, 04:49 ISTBusiness NewsIndusInd BankFollow us on : Follow Us IndiaSouthNorthWestEast & North EastOperation SindoorOpinionEditorialSpeak

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