Induslnd bank Stock Review - Lost value by almost 80%! What to do? Buy, Sell or Hold?
Description
IndusInd has been at the receiving end even since its exposure to IL&FS came to light. Its exposure to telecom and real estate also led to speculation on how much it would be hit. But after the Yes Bank moratorium on withdrawals, its deposits were also hit where nearly10% has flown out in recent days due to withdrawals by state government departments.
Read more at:
https://economictimes.indiatimes.com/markets/stocks/news/indusind-falls-15-on-worries-over-asset-quality-growth-numbers/articleshow/74922706.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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