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IndusInd's Derivatives Damage at ₹1,979 Cr, Says Report
Mint Bangalore
|April 16, 2025
IndusInd Bank Ltd on Tuesday said that the external agency tasked to study the lender's derivatives debacle has estimated the negative impact at ₹1,979 crore as on 30 June, 2024.
IndusInd Bank Ltd on Tuesday said that the external agency tasked to study the lender's derivatives debacle has estimated the negative impact at ₹1,979 crore as on 30 June, 2024. This would amount to 3.1% of the bank's net worth of ₹63,815 crore as on that date.
The bank said that based on the report, it has assessed an adverse impact (on a post-tax basis) of 2.27% to its net worth as of December 2024. IndusInd Bank's net worth stood at ₹65,102 crore as on 31 December, according to regulatory disclosures.
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