IndusInd Bank Identifies Discrepancies in Derivative Portfolio, Estimates 2.35% Impact on Net Worth

According to the news reports, IndusInd Bank, one of India’s largest private lenders, has identified discrepancies in parts of its derivative portfolio. The review was conducted in compliance with the Reserve Bank of India’s (RBI) directions on investment portfolios of lenders, issued in September 2023.

Estimated Impact on Net Worth

Following the internal assessment, the bank has estimated an adverse impact of approximately 2.35% on its net worth as of December 2024. The disclosure was made in a company filing on March 10.

The bank stated that the identified discrepancies were noted in account balances within the relevant portfolio segments.

External Review Initiated for Validation

In addition to its internal review, IndusInd Bank has engaged a reputed external agency to independently assess the findings.

The final report from this external review is still awaited. The bank has assured that any necessary adjustments to its financial statements will be made once the external agency’s findings are received and validated.

Reassurance on Financial Health

Despite the potential impact, IndusInd Bank has reassured investors and stakeholders that its overall profitability and capital adequacy remain strong.

The bank emphasised that it is well-positioned to absorb this one-time impact without any significant disruptions to its financial stability.

Stock Performance

On March 10, 2025, IndusInd Bank share price ended 3.86% lower at ₹900.60. IndusInd Bank share price reached a 52-week high of ₹1,576, and a 52-week low of ₹886.40. As per BSE, the total traded volume for the stock stood at 4.49 lakh shares with a turnover of ₹40.49 crore.

At the current price, IndusInd Bank shares are trading at a price-to-earnings (P/E) ratio of 9.71x, based on its trailing 12-month earnings per share (EPS) of ₹92.75, and a price-to-book (P/B) ratio of 1.07, according to exchange data.

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