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IndusInd Bank shares end 5% lower over reports of another audit
short by Mansi Agarwal / on Tuesday, 22 April, 2025
IndusInd Bank shares ended roughly 5% lower on Tuesday after a report claimed the lender has appointed EY to conduct a forensic audit to probe a ₹600 crore discrepancy in microfinance portfolio. IndusInd's derivatives portfolio is reportedly already undergoing an audit. IndusInd clarified that EY isn't conducting a forensic audit but assisting its Internal Audit Department to review some records.
read more at NDTV Profit