IndusInd received a report from an independent agency highlighting discrepancies in its derivative transactions

The bank has received a report from an independent agency highlighting discrepancies in its derivative transactions. As of June 2024, the report estimates a negative impact of ₹1,979 crore from these deals. On a post-tax basis, the agency has calculated a 2.27% reduction in the bank's net worth as of December 2024 due to these issues. The bank will account for this impact in its financial statements for FY25 and will continue to enhance internal controls concerning derivative accounting operations.