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    SFIO probes IndusInd’s Rs 1,960 crore derivatives hole

    3 hours ago

    IndusInd Bank is under formal investigation by the Serious Fraud Investigation Office (SFIO) following accounting lapses related to internal derivative trades. The probe, triggered by a December 2025 letter, concerns issues with derivatives, "other assets/liabilities," and microfinance income, impacting the bank's P&L and net worth.
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