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flag IndusInd Bank reports a ₹1,979 crore net worth drop due to accounting errors in derivative deals.

flag IndusInd Bank faced a 2.27% drop in net worth, or ₹1,979 crore, due to accounting discrepancies in its derivative deals, as found by an external audit. flag The bank plans to adjust the impact in its financial statements for fiscal year 2024-25 and improve internal controls. flag Despite the issue, the bank expects to remain financially stable and profitable.

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