India, March 11 -- IndusInd Bank shares fell 20% during the early trading session on Tuesday, March 11, after the private lender announced discrepancies found after an internal review of its derivatives portfolio.
At 10 am, the bank's shares were down 19.05% or by Rs.171.55, trading at Rs.729.05 on the Bombay Stock Exchange (BSE).
The bank had announced in its exchange filing dated March 10, 2025, that "During internal review of processes relating to Other Asset and Other Liability accounts of the derivative portfolio," it "noted some discrepancies in these account balances."
As a result, it has estimated an adverse impact of approximately 2.35% of the bank's net worth as of December 2024.
IndusInd Bank has also appointed a "reputed e...
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