The Institute of Chartered Accountants of India (ICAI) is set to review the financial statements of IndusInd Bank following accounting discrepancies amounting to Rs 2,100 crore. These discrepancies, primarily found in the derivatives portfolio, are said to potentially affect 2.35% of the bank’s net worth. The Financial Reporting Review Board (FRRB) of ICAI will investigate the matter to ensure compliance with relevant accounting standards and regulations. This development has garnered significant attention within the financial sector, as stakeholders await the outcome of the review process. Stay tuned for further updates on this developing story.