IndusInd Bank’s 27% Plunge Drags LIC Down by ₹900 Crore
Shares of IndusInd Bank suffered a steep decline on Tuesday, March 11, plunging by 27% and hitting their lowest level since November 2020. This sharp drop came after the private sector lender disclosed accounting discrepancies in its derivatives portfolio, which are expected to have a one-time adverse impact on its earnings. The significant downturn in…