SFIO widens probe into IndusInd Bank after ₹2000 crore derivatives irregularities

Published on 24 April 2026

Audit firms from the past decade have been summoned

The SFIO has expanded its investigation into IndusInd Bank’s derivatives portfolio, estimating irregularities linked to losses of around ₹2,000 crore. The probe also involves summoning major audit firms that worked with the bank over the past decade, after questioning former officials. Investigators will focus on corporate governance lapses and potential accounting discrepancies.

SFIO is investigating IndusInd Bank’s derivatives portfolio
Estimated losses linked to irregularities are around ₹2,000 crore
Major audit firms associated with the bank have been summoned
Probe targets governance and accounting discrepancies

#audit firms #sfio #indusind bank #corporate governance #derivatives

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

SFIO widens probe into IndusInd Bank after ₹2000 crore derivatives irregularities

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