IndusInd Bank, a prominent financial institution in India, has announced that it will incur a significant charge of Rs 1,956 crore in the fourth quarter of the financial year 2025. This decision comes as a result of discrepancies in derivatives valuation identified through an independent investigation conducted in response to the Reserve Bank of India’s (RBI) stringent regulations. The investigation revealed that internal derivative transactions involving the asset-liability management desk and treasury department had caused the bank’s earnings to be overstated. In light of this development, IndusInd Bank has stated its intention to hold employees responsible for these errors and ensure accountability within the organization. This move underscores the bank’s commitment to transparency and regulatory compliance. Stay tuned for more updates on this evolving story.