Indusind Bank shares tumble over 12% after clarification on whistleblower allegations
Shares of Indusind Bank on November 8 tumbled over 12 after the lender said it expended loans without client concurrence in May owing to a” specialized glitch”. The stock collapsed12.33 to ₹ on the Bombay Stock Exchange. At the NSE, it tumbled12.40 to ₹. Nominating whistleblower allegations on loan evergreening as”grossly inaccurate and unwarranted”, Indusind […]