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Saurabh Tyagi--Clovek,Advisory

16th Apr 2025 · SEBI-Registered Analyst

PwC pegs
INDUSINDBK
losses at Rs 1,979 crore

Based on the PwC report submitted on Tuesday,

INDUSINDBK
said it has assessed an adverse impact (on a post-tax basis) of 2.27% to the bank's net worth as of December 2024 due to these discrepancies. Early March, when the gaps were first formally announced, the assessment was that the impact would amount to 2.35% of net worth.

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