New Delhi, May 15 -- IndusInd Bank on Thursday said its internal audit department (IAD) has found "unsubstantiated balances" of Rs.595 crore in "other assets" of its balance sheet, and has also examined the roles of key employees in this lapse.

In a regulatory filing, IndusInd Bank said this balance was, later in January 2025, set off against corresponding balances appearing in "other liabilities" accounts.

It said following receipt of a whistleblower complaint, the IAD was asked by the Audit Committee of the Board to review transactions recorded in "other assets" and "other liabilities". This was in addition to the review of the Bank's MFI business, which the beleaguered lender had disclosed to the stock exchanges on April 22.

"Pursua...