IndusInd Bank Limited — Important, 15-05-2025: General Updates

IndusInd Bank has announced a board meeting. An internal audit uncovered Rs. 674 Cr of interest income wrongly recorded over three quarters, fully reversed by January. Unsubstantiated balances of Rs. 595 Cr in other assets were offset against other liabilities. The bank is reinforcing internal controls and taking accountability measures. No further financial impact reported.