IndusInd Bank says net worth to take 2.35% hit due to account discrepancies
IndusInd Bank anticipates a 2.35% drop in net worth by December 2024 due to internal account discrepancies. Despite this, the bank remains confident about its profitability and capital adequacy. Meanwhile, shares fell following the RBI's decision to grant CEO Sumant Kathpalia a one-year extension instead of the proposed three years.
IndusInd Bank anticipates a 2.35% drop in net worth by December 2024 due to internal account discrepancies. Despite this, the bank remains confident about its profitability and capital adequacy. Meanwhile, shares fell following the RBI's decision to grant CEO Sumant Kathpalia a one-year extension instead of the proposed three years.
