The share price of IndusInd Bank continues to plummet; in six consecutive sessions, the banking company loses 38% of its market capitalization.

The price of IndusInd Bank's stock fell more than 7% on Wednesday, continuing its steep decrease for the sixth day in a row. On the BSE, shares of IndusInd Bank fell as much as 7.7% to a new low of ₹605.40 per.

Over the last six sessions, IndusInd Bank shares have dropped by more than 38%, with Tuesday's 27% single-day decrease being the most notable. After the private lender revealed accounting irregularities pertaining to internal derivatives, IndusInd Bank's stock price fell precipitously.