IndusInd Bank ₹1,979 Crore Derivatives Hit Confirmed by PwC
Why in the news
IndusInd disclosed on 15 April the result of its independent review, bigger than the first estimate.
Key facts
- ₹1,979 crore negative impact, to appear in FY25 accounts.
- Earlier, on 10 March 2025, the bank’s own review estimated ₹1,530 crore (about 2.35% of net worth).
- Another independent firm probes the root cause; RBI urged calm.
- In March it raised ₹16,550 crore through CDs at 7.75-7.9%, five times the usual pace.
| Q4FY25 | Change |
|---|---|
| Retail and small business deposits | Fell ₹3,550 crore to ₹1.85 trillion |
| Total deposits | Up 0.4% QoQ to ₹4.11 trillion (6.8% YoY) |
| Advances | Down ₹19,000 crore vs December quarter |
Exam angle
- Agency: PwC; instrument: Certificates of Deposit.