business indusind bank to report muted financials in near term uphill task ahead for new ceo brokerages

Indusind Bank To Report Muted Financials In Near-term, Uphill Task Ahead For New Ceo: Brokerages

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IndusInd Bank faces significant challenges after reporting a substantial net loss due to accounting irregularities and senior management involvement. Brokerages predict muted financials and an uphill task for the new CEO to restore investor confidence. The bank's future performance is uncertain, with potential for earnings downgrades and a focus on balance sheet stability over growth.