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IndusInd Bank loses ₹19,500 crore in m-cap, falls behind Yes Bank
short by Mansi Agarwal / on Tuesday, 11 March, 2025
The market capitalisation of IndusInd Bank dipped by roughly ₹19,500 crore on Tuesday as its shares tanked roughly 28%, NDTV Profit reported. IndusInd Bank's m-cap at ₹51,168 crore now stands behind Yes Bank's m-cap of ₹51,545 crore. Shares of IndusInd Bank crashed after the lender found discrepancies in its derivatives portfolio, adversely affecting 2.35% of its net worth.
read more at NDTV Profit