Discrepancies at IndusInd Bank, net worth to take 2.35% hit

IndusInd Bank on Monday informed the stock exchanges that during internal review of processes relating to Other Asset and Other Liability accounts of the derivative portfolio, the bank noted some discrepancies in these account balances. "Bank's detailed internal review has estimated an adverse impact of approximately 2.35% of the bank's net worth as of December 2024," the bank said.

Load More