IndusInd Bank Hires Independent Firm To Probe Discrepancies in Derivative Portfolio

Business

⚡IndusInd Bank Hires Independent Firm To Probe Discrepancies in Derivative Portfolio

By IANS

IndusInd Bank Hires Independent Firm To Probe Discrepancies in Derivative Portfolio

IndusInd Bank has appointed an independent professional firm to investigate discrepancies in its derivative portfolio. Last week, the bank disclosed that it had identified discrepancies in its derivatives portfolio, which could have an impact of about 2.35 per cent of its net worth as of December 2024.