IndusInd Bank addressed a whistleblower complaint regarding discrepancies in its financial records. The bank revealed that ₹595 crore in “other assets” were offset against “other liabilities” in January 2025. Additionally, ₹674 crore was incorrectly recorded as interest in the microfinance loan book over three quarters, later reversed.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets