<ul><li>The recent disclosure by IndusInd Bank regarding discrepancies in derivative book accounting result in a loss of 2.27% of the bank's net worth, lower than the initial estimate.</li><li>The impact of the discrepancies is limited to what was previously ascertained by the management, which is considered positive in the near term.</li><li>The focus now shifts to the forensic audit report to determine the root cause and accounting for the discrepancies.</li><li>Obtaining more clarity around management succession is a key concern in the near-medium term, alongside other factors such as credit costs and sustainable margins.</li></ul>

Lower loss due to derivatives portfolio discrepancies ‘positive’ for IndusInd Bank in near term, says Macquarie

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