Derivative losses weak asset quality lead to rs 2 329 crore q4 loss for indusind bank
Hit by losses in the derivative portfolio and weak asset quality, IndusInd Bank Ltd has reported a net loss of Rs 2,329 crore for the quarter (Q4) ended March 2025 as against a net profit of Rs 2,349 crore a year ago.The two new accounting discrepancies in interest income, unearthed in the internal audits last week worth Rs 674 crore and Rs 595 crore, are also reflected in the March quarter results. On March 10, the bank disclosed that an internal review of its derivative portfolio revealed a potential 2.35 per cent adverse impact on its net worth. This had an approximate impact of Rs 2,000 crore on the bank.
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