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IndusInd Bank denies receiving SFIO summons for staff in ongoing accounting probe

Story Highlights
  • IndusInd Bank says it has not received any SFIO communication about summoning its employees, countering a media report on an accounting probe.
  • The bank confirms an ongoing SFIO investigation into past accounting issues it reported and stresses continued compliance with disclosure rules for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IndusInd Bank denies receiving SFIO summons for staff in ongoing accounting probe

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The latest update is out from IndusInd Bank Ltd. ( (IN:INDUSINDBK) ).

IndusInd Bank has clarified that it has not received any communication from the Serious Fraud Investigation Office regarding the summoning of its employees, despite a media report claiming that former top executives were called in an accounting probe. The bank noted that SFIO, which is already investigating issues related to internal derivative trades, certain balances in other assets and liabilities, and microfinance income recognition, may directly issue summons or notices to individuals without routing them through the bank, and reiterated its commitment to comply with disclosure obligations under listing regulations.

The ongoing SFIO investigation stems from matters the bank itself had reported in 2025, and formal investigative proceedings were initiated after SFIO’s letter in December 2025 seeking information on the bank’s affairs. By publicly addressing the media report and emphasizing adherence to regulatory disclosure norms, IndusInd Bank aims to manage investor concerns and provide clarity to stakeholders while the probe continues.

More about IndusInd Bank Ltd.

IndusInd Bank Ltd. is an Indian private-sector bank offering a range of banking and financial services to retail and corporate customers. The bank is listed on the National Stock Exchange of India, BSE, and the Luxembourg Stock Exchange, reflecting its access to both domestic and international capital markets.

Average Trading Volume: 229,081

Technical Sentiment Signal: Strong Sell

Current Market Cap: 616.9B INR

Find detailed analytics on INDUSINDBK stock on TipRanks’ Stock Analysis page.

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