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IndusInd Bank shares plunge despite bank’s clarification on market rumours, down 75% from peak

Updated : March 18, 2020 01:47 PM IST

In its filing, IndusInd Bank rubbished market speculations and said that figures about individual exposures doing the rounds were “bloated and outlandish.”
The lender reassured that it is maintaining liquidity well above 100 percent going up to 120 percent on a daily basis.
IndusInd Bank shares plunge despite bank’s clarification on market rumours, down 75% from peak

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