Macquarie retains ‘Outperform’ on IndusInd Bank despite derivative discrepancies; target at ₹1,210

IndusInd Bank's accounting discrepancies may have a limited impact, quantified at 2.27% of net worth. Macquarie Research retains an 'outperform' rating with a target price of ₹1,210, indicating a 53.5% upside potential.

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