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derivative portfolio News

IndusInd Bank Faces Rs 1,979 Cr Hit Due to Derivative Portfolio Accounting Lapses: What Went Wrong?

Jessica Bennett 16 Apr, 2025

IndusInd Bank discloses a Rs 1,979 crore impact on its net worth due to derivative portfolio accounting lapses, with external audits underway to identify causes and remedial measur...

Business

IndusInd Bank Initiates External Probe into Derivative Portfolio Discrepancies

Ryan Peterson 22 Mar, 2025

IndusInd Bank's board has decided to appoint an external agency to investigate discrepancies in its derivative portfolio, focusing on root causes, accounting accuracy, and accounta...