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flag IndusInd Bank's shares surge after RBI assuages concerns over its accounting issues.

flag IndusInd Bank's shares rose over 5% after RBI Governor Sanjay Malhotra said the bank's accounting issues are under control and will be resolved soon. flag The bank faced significant financial implications, including a ₹2,000 crore hit to its net worth and a Q1 loss of ₹2,329 crore. flag Former CEO Sumant Kathpalia and others were barred from trading due to alleged insider trading. flag Despite challenges, the RBI assured there is no systemic impact, and IndusInd is seeking a new leadership team. flag Market experts advised caution.

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