IndusInd Bank's Shares Dive as EY Probes Rs 600 Crore Irregularity in Microfinance Portfolio, Sparking Governance Concerns

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

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.