IndusInd Bank Faces Rs 1,979 Crore Hit After Derivatives Portfolio Review by External Agency Synopsis An external audit has flagged discrepancies in IndusInd Bank's derivatives portfolio, estimating a negative impact of ₹1,979 crore as of June 30, 2024. The irregularities are expected to cause a 2.27% reduction in the private bank’s post-tax net worth by December 2024. The findings follow an internal review earlier acknowledged by the bank in March 2025. Key Highlights: Discrepancy Amount : ₹1,979 crore Timeframe : Impact assessed as of June 30, 2024 Net Worth Impact : Estimated 2.27% post-tax reduction by December 2024 Source : Independent report commissioned by IndusInd Bank Bank’s Statement : Disclosure made to exchanges post-market hours on April 15, 2025 What Happened? IndusInd Bank, one of India's prominent private sector lenders, has disclosed a significant finding from an external review of its derivatives portfolio. According to the report received fro...