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IndusInd Bank Clarifies SFIO Probe Triggered by Mandatory Regulatory Reporting

Story Highlights
  • IndusInd Bank says SFIO probe follows mandatory reporting of frauds above ₹1 crore.
  • Bank reported issues in derivatives accounting, balances, and microfinance income, and pledges full disclosure compliance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IndusInd Bank Clarifies SFIO Probe Triggered by Mandatory Regulatory Reporting

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An announcement from IndusInd Bank Ltd. ( (IN:INDUSINDBK) ) is now available.

IndusInd Bank has clarified that recent media reports about being under investigation by the Serious Fraud Investigation Office (SFIO) stem from regulatory requirements mandating banks to report frauds above ₹1 crore to the SFIO in a prescribed format. The bank stated that it reported issues relating to accounting of internal derivative trades, certain unsubstantiated balances in its “other assets” and “other liabilities” accounts, and microfinance interest and fee income to the SFIO in June 2025, and that the SFIO has since held telephonic discussions and is expected to send a formal request for further details. IndusInd emphasized its ongoing compliance with disclosure obligations under securities listing regulations and has made this clarification available on its website, signaling an effort to reassure investors and regulators about transparency and cooperation with the authorities.

More about IndusInd Bank Ltd.

IndusInd Bank Ltd. is an Indian commercial bank offering a range of retail, corporate, and institutional banking services, including loans, deposits, and fee-based financial products, with a presence on major domestic exchanges and the Luxembourg Stock Exchange.

Average Trading Volume: 173,292

Technical Sentiment Signal: Sell

Current Market Cap: 658.4B INR

See more data about INDUSINDBK stock on TipRanks’ Stock Analysis page.

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