Promoter Hinduja Backs Indusind Bank's Md Says Lender's Balance Sheet Strong

business promoter hinduja backs indusind bank s md says lender s balance sheet strong

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IndusInd Bank flagged discrepancies worth about ?1,530 crore in its derivatives account balances. Ashok Hinduja, chairman of IndusInd International Holdings Ltd, emphasized that the bank's net worth is around ?65,000 crore, and the lender would absorb any setback arising from these discrepancies.

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