News: As per media sources, IndusInd Bank has transferred over ₹6,000 crore of highly rated corporate loans to peer private banks like Federal Bank via Inter-Bank Participation Certificate (IBPC) market, securing liquidity at 7.5-8% interest amid concerns of deposit outflows following accounting irregularities that could erode net worth by ₹2,000 crore.
View: Emergency loan transfers highlights caution amid liquidity stress and rising concerns over deposit stability amid regulatory scrutiny. Valuations remain under pressure, with Q4 results and the ongoing forensic audit expected to provide greater clarity.
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