Indus Industries Bank share price declines by 20% .. to reduce 52 weeks.

The stock price of Indus Industries Bank fell by 20 percent on Tuesday, which is amid concerns that the net price would fall by 2.35 percent due to the difference in derived accounts. Indicind Bank Part of BSE Rs. Touched 710.

The country’s fifth largest private sector bank IndusInd Bank said it was expecting a decline of 2.35% in its net price by December 2024, due to the difference in the derivative trade that did not follow the rules implemented by the Reserve Bank of India since April 2024.

The bank’s detailed internal review is estimated to have approximately 2.35% of the negative impact of about 2.35% of the bank’s net value by December 2024. In parallel, the bank has appointed a famous external agency to verify and verify internal results.

The final report of the external agency is awaited. Based on that, the bank takes into account any result of any of its financial statements. The bank’s profitability and capital prosperity are healthy to face this effect, ”Indus Indus Bank said in a regulatory filing on 10 March.

How is the condition of the bank?

These trading belongs to 5 – 7 years before 1 April 2024. This hit is to be reversed in Q4 EFV 25 through income declaration, mostly non -in -income (NII).

Recently, IndusInd Bank resigned before the CFO Q3 returns. The CEO received one year extension instead of three years.