IndusInd Bank to re-align management roles for accounting lapses

IndusInd Bank said it is taking steps to realign roles of senior management for accounting lapses after receiving report from an independent professional firm. "The firm…determined cumulative adverse accounting impact on P&L at ₹1,959.98-crore as on 31st March 2025," bank said. The report identified incorrect accounting of internal derivative trades, especially in case of early termination.