IndusInd Bank Crisis: CLSA slashes share price target by 31%, maintains ‘Outperform’ call
Global brokerage CLSA has cut IndusInd Bank share price target to ₹900 from ₹1,300, citing the recent accounting discrepancy and uncertainty surrounding the private bank’s leadership. However, the global brokerage firm has maintained its ‘Outperform’ rating, drawing parallels to past market reactions seen in RBL Bank and Yes Bank. The cut in IndusInd Bank share … Read more