IndusInd Bank Limited — Important, 10-03-2025: General Updates

During an internal review of the derivative portfolio, IndusInd Bank identified discrepancies in its Other Asset and Other Liability accounts, stemming from new RBI guidelines on the accounting of derivatives. This review indicates an estimated adverse impact of approximately 2.35% on the bank’s net worth as of December 2024. The bank is taking proactive measures by consulting a reputable external agency to validate these findings, with a final report pending. Despite this potential one-time impact, the bank's profitability and capital adequacy remain robust, suggesting a positive outlook for absorbing this discrepancy. Investors should monitor developments as the bank finalizes its assessments and strategies in response.