Ind Bank Derivatives Gap: PwC Review Impact
Why in the news
PwC’s external review of the bank’s derivatives book came close to earlier estimates, lifting the share price.
Key facts
| Measure | PwC | Internal |
|---|---|---|
| Discrepancy | ₹1,979 crore | ₹1,580 crore |
| Post-tax hit to net worth | 2.27% | 2.35% |
- Net worth cited: ₹65,102 crore (Q3FY25).
- Stock is nearly 24% above its 25 March low of ₹637.30.
- Analysts: Macquarie called it incrementally positive.
Watch next
- A forensic audit, root-cause analysis, succession clarity and FY25 accounts.
Exam angle
- Reviewer: PwC.
- Person: Sumant Kathpalia.