IndusInd faces Rs 2,000-crore net worth hit over derivative discrepancies

March 11, 2025

This anticipated erosion in net worth, which the lender estimated at 2.35% of the total, follows Monday’s disclosures on discrepancies in derivative deals over the past five to seven years, executives told analysts in a late-evening call.

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Defence sector has strong tailwinds, but valuations are sky-high: Dinshaw Irani

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