The Curious Case of IndusInd Bank

The crisis at IndusInd Bank is escalating, with a $175 million accounting discrepancy in its derivatives portfolio sparking regulatory investigations, insider trading concerns, and leadership upheaval. As the RBI intervenes, critical questions arise about governance, compliance failures, and financial stability. How did this happen? What does it mean for investors and the banking sector? And can IndusInd Bank rebuild trust? Host Anirban Chowdhury, along with Krishna Appala of Capital Mind and Reena Zachariah and Saloni Shukla of ET, unpacks the controversy, key players, and the road ahead for the bank.