
Net worth may take a hit of around Rs 1,530 crore: IndusInd Bank
MUMBAI: IndusInd Bank said valuation losses in its forex derivative contracts could impact the bank’s net worth by up to 2.4% or around Rs 1,530 crore. The announcement came hours after shares of the bank closed nearly 4% lower on Monday. The fall was triggered by RBI’s decision to approve only one-year extension for MD…