IndusInd Bank witnessed a sharp decline in its stock prices after announcing the appointment of EY to probe a Rs 600 crore anomaly in its microfinance portfolio. The move has sparked worries among investors regarding the bank’s governance and accounting standards.
IndusInd Bank’s Shares Dive as EY Probes Rs 600 Crore Irregularity in Microfinance Portfolio, Sparking Governance Concerns
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