IndusInd Bank has issued a clarification regarding a recent news item about an accounting irregularity of INR 255 Crores. The bank stated that the findings were part of an investigation report already submitted in April 2025 by an independent external agency. IndusInd Bank affirms that all necessary disclosures have been made and the impact of the accounting discrepancies has been reflected in the financial statements for FY 2024-25.
Response to Recent Media Coverage
IndusInd Bank addresses recent media reports concerning an accounting irregularity amounting to INR 255 Crores. The bank aims to provide clarity and context regarding the information presented in the news.
Details of the Clarification
The bank clarifies that the mentioned accounting irregularity, specifically the INR 255 Crores, originates from an existing investigation. This investigation was concluded and its report was submitted by an independent external agency in April 2025. The report’s findings are not related to any new investigations.
Financial Statement Impact
IndusInd Bank confirms that all required disclosures related to this matter have been made. Furthermore, the bank asserts that the resulting impact of these accounting differences has been appropriately included within the audited financial statements for the fiscal year 2024-25. These statements were disclosed on May 21, 2025.
Source: BSE
