IndusInd Bank (INDUSINDBK) — Board Meeting

IndusInd Bank's independent investigation report, submitted on 26th April 2025, confirmed cumulative adverse accounting impact of ₹1,959.98 crores as of 31st March 2025 from incorrect accounting of internal derivative trades, particularly early terminations that recorded notional profits. The Bank discontinued such internal derivative trades from 1st April 2024 and will reflect the impact in FY 2024-25 financial statements while strengthening internal controls. The Board is implementing accountability measures for responsible personnel and realigning senior management roles.

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About IndusInd Bank Limited (INDUSINDBK)

Financial Services · Banks · Listed on NSE

Market Cap: ₹69,060.4 Cr P/E: 77.7

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