IndusInd Bank reports ₹1,979 Cr impact from derivative discrepancies

Source |09:11 20 Apr 25

Results Regulatory filings Restructuring

IndusInd Bank disclosed discrepancies in its derivative portfolio accounts on 10th March 2025.
Initial internal review estimated an adverse impact of approximately 2.35% of the bank's net worth as of December 2024.
An external agency conducted an independent review of these findings.
The external agency's report, received on 15th April 2025, quantified the negative impact at ₹1,979 crore as of 30th June 2024.
Based on the report, the bank now assesses a post-tax adverse impact of 2.27% on its net worth as of December 2024.
This impact will be reflected in the financial statements for FY 2024-25.
IndusInd Bank will continue to enhance internal controls related to derivative accounting operations.

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