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IndusInd Bank to take ₹1,979-crore hit due to discrepancies in derivatives portfolio
short by Ashley Paul / on Tuesday, 15 April, 2025
IndusInd Bank experienced "negative impact" worth ₹1,979 crore due to discrepancies it found in account balances of its derivatives portfolio, according to a report by an external agency. The bank noted that the discrepancy caused a 2.27% drop in its net worth, less than the 2.35% drop it had earlier estimated. The discrepancies' impact will reflect in statements for FY25.
read more at Moneycontrol