Mumbai, April 15 -- IndusInd Bank Ltd on Tuesday said that the external agency tasked to study the lender's derivatives debacle has estimated the negative impact at Rs.1,979 crore as on 30 June, 2024. This would amount to 3.1% of the bank's net worth of Rs.63,815 crore as on that date.

The bank said that based on the report, it has assessed an adverse impact (on a post-tax basis) of 2.27% to its net worth as of December 2024. IndusInd Bank's net worth stood at Rs.65,102 crore crore as on 31 December, according to regulatory disclosures.

After market hours on 10 March, IndusInd Bank flagged discrepancies worth about Rs.1,530 crore in its derivatives account balances. Managing director and chief executive officer Sumant Kathpalia told ana...