HDFC Mutual Fund has raised its stake in IndusInd Bank to 5.02%, buying an additional 15.92 lakh shares after the bank disclosed a ₹2,100 crore accounting discrepancy. The stock saw a sharp correction following the announcement, with shares closing 1.84% lower at ₹672.10. The final impact of the discrepancy will be confirmed after an external review by early April, raising investor concerns over governance.
