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The shares fell as much as 3.12% in their steepest decline in three weeks to 884.05 rupees apiece to be the top loser on the private bank index, which declined 0.9%.
The complaint, sent to the Prime Minister's Office and multiple regulators, including the Reserve Bank of India, as per the ET report, adds to mounting scrutiny of IndusInd after its March 2025 disclosure of a 20 billion rupee ($209.12 million) derivatives accounting discrepancy.
IndusInd Bank did not immediately respond to Reuters queries seeking comments on the report.
The lender's shares have fallen 5.1% over the past 15 months.
Published on June 3, 2026
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