IndusInd Bank Share Price Drop 6% on ₹600 Crore Audit Probe

IndusInd Bank Share Price

IndusInd Bank share price took a hit, dropping over 6% on April 22, 2025, after news broke of a second forensic audit into a ₹600 crore discrepancy in its microfinance portfolio.

The stock fell to ₹776.15 on the BSE following reports that EY was appointed to investigate interest income issues flagged during the statutory audit.

This comes amid another audit by Grant Thornton Bharat into the bank’s forex derivatives portfolio, which revealed a ₹1,979 crore hit to net worth.

Despite a 17% monthly gain, the stock is down 45% over the past year.

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