ADVERTISEMENT
IndusInd Bank says net worth to take 2.35% hit due to account discrepanciesThe bank has appointed a reputed external agency to independently review and validate the internal findings, IndusInd Bank said in a stock exchange filing, without disclosing details on the nature of the discrepancies.
Reuters
Last Updated IST
<div class="paragraphs"><p>An illuminated signboard of IndusInd Bank is seen outside one of its branches, in New Delhi.</p></div>

An illuminated signboard of IndusInd Bank is seen outside one of its branches, in New Delhi.

Credit: Reuters File Photo

Mumbai: IndusInd Bank said on Monday it expects a 2.35 per cent decline in its net worth as of December 2024, due to some discrepancies in its accounts found during an internal review.

ADVERTISEMENT

The bank has appointed a reputed external agency to independently review and validate the internal findings, IndusInd Bank said in a stock exchange filing, without disclosing details on the nature of the discrepancies.

The bank's profitability and capital adequacy remains healthy to absorb this "one-time impact," it added.

ADVERTISEMENT
(Published 10 March 2025, 19:28 IST)