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Worst Over For IndusInd Bank Stock? Market Experts Weigh In On Buy, Sell Or Hold

  • Provisions of IndusInd Bank rose to Rs 2,522 crore from Rs 950 crore a year ago.
  • Market experts Ashwin Parekh and Ashutosh Mishra weigh in on IndusInd Bank's future after governance issues and poor financial results.
  • Parekh emphasizes on the need for rebuilding IndusInd Bank's culture and addressing fraud issues, while Mishra suggests investors to hold and wait for clarity on new leadership.
  • IndusInd Bank reported a net loss of Rs 2,329 crore in the fourth quarter, dealing with accounting discrepancies and management changes.

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