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IndusInd Bank reports a ₹1,979 crore net worth drop due to accounting errors in derivative deals.
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.
The bank plans to adjust the impact in its financial statements for fiscal year 2024-25 and improve internal controls.
Despite the issue, the bank expects to remain financially stable and profitable.
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IndusInd Bank informa una caída del patrimonio neto de ₹ 1,979 crore debido a errores contables en acuerdos de derivados.