IndusInd Bank shares jump 2% after lower-than-expected impact flagged in audit of derivatives portfolio
IndusInd Bank shares rose 2.45% to hit a day’s high of ₹754 on the NSE on Wednesday after an external audit flagged discrepancies in its derivatives portfolio, estimating a ₹1,979 crore impact as of June 30, 2024. The audit also projected a 2.27% post-tax reduction in net worth for December 2024, slightly lower than the bank’s earlier estimate of 2.35%.
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