Lower loss due to derivatives portfolio discrepancies ‘positive’ for IndusInd Bank in near term, says Macquarie
Impact of the discrepancies amount to ₹15.2 billion, or 2.27% of the bank’s net worth as of Q3FY25 | Photo Credit: REUTERS The lower amount of financial hit that IndusInd Bank will take on its balance sheet due to discrepancies found in its derivatives book, as assessed by an external auditor, is seen as incrementally…