Under the lens
Can IndusInd Bank be the same again?


Synopsis
Investors may have to settle for a trade-off--better governance along with possibly tepid growth.
It has almost become the norm for IndusInd Bank to face some kind of challenge every few years. The latest episode raises questions about whether investors can trust its numbers again. The lender that was born along with HDFC Bank and Axis Bank in the 1990s, when the Reserve Bank of India (RBI) gave licences for new private banks, hasn’t kept pace with its rivals. To start with, investors rated it a tad lower than the rest because of the
ET
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.