India, May 16 -- IndusInd Bank shares fell sharply on Friday, declining nearly 6%, after the company disclosed that its Internal Audit Department (IAD) had identified "unsubstantiated balances" amounting to Rs 595 crore under "other assets" on its balance sheet. The audit also reviewed the involvement of key employees in the issue.
The stock plunged 5.68% to Rs 735.95 on the BSE, while on the NSE, it dropped 3.90% to Rs 750.
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