IndusInd Bank witnessed a sharp decline in its share prices after Ernst & Young (EY) was tasked with investigating a Rs 600 crore discrepancy in its microfinance portfolio. The move has sparked worries regarding the bank’s governance and accounting standards.
IndusInd Bank’s Stock Dives as EY Probes Rs 600 Crore Irregularity in Microfinance, Raising Governance Concerns
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