External probe: IndusInd's derivatives loss at Rs 2k crore |...

External probe: IndusInd's derivatives loss at Rs 2k crore

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IndusInd Bank will absorb a Rs 1,956 crore charge in Q4 FY25 due to discrepancies in derivatives valuation, following an independent investigation prompted by RBI's tightened rules. Internal derivative trades between the asset-liability management desk and treasury led to overstated earnings. The bank plans to hold employees accountable for these lapses.

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