External agency flags discrepancy in IndusInd Bank's derivative portfolio
External agency flags discrepancy in IndusInd Bank's derivative portfolio.
An external agency reported discrepancies in INDUSINDBK derivatives portfolio, estimating a Rs 1,979 crore negative impact as of June 30, 2024, and a 2.27% post-tax reduction in net worth by December 2024. The bank informed the exchanges about the report and will reflect the impact in its FY 2024-25 financial statements. Shares rose 6.7% to Rs 735.50 on the NSE.
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