IndusInd Bank's fourth quarter results are expected to show a cumulative accounting impact of up to Rs 3,000 crore due to fresh discrepancies in interest income.
The discrepancies include Rs 674 crore incorrectly recorded as interest over three quarters of fiscal 2025, leading to concerns about the bank's financial performance.
After adjustments for accounting discrepancies and irregularities in derivative portfolios, the total impact is estimated to be Rs 3,000 crore on pre-tax basis, affecting the bank's bottom line.
IndusInd Bank's future outlook includes uncertainties related to management succession following the resignation of its CEO, with focus on maintaining financial stability amid these challenges.