The Institute of Chartered Accountants of India (ICAI) is considering a review of IndusInd Bank’s financial statements following the discovery of accounting discrepancies amounting to approximately Rs 2,100 crore. These discrepancies, which have been identified in the bank’s derivatives portfolio, have the potential to impact around 2.35% of the bank’s net worth. The ICAI’s Financial Reporting Review Board (FRRB) will be conducting a thorough assessment to evaluate the bank’s compliance with various accounting standards and regulations. This move comes as a significant development in the banking sector and underscores the importance of maintaining transparency and accuracy in financial reporting. Stay updated for more information on this developing story.