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Moneycontrol23-01-2026, 18:49

IndusInd Bank: No New Financial Impact from BFIL Issues, Audit Qualification Continues

  • IndusInd Bank states no additional financial impact is expected from issues at its microfinance subsidiary, Bharat Financial Inclusion Limited (BFIL).
  • BFIL's statutory auditor maintained a qualified conclusion in its limited review report for Q3 FY26, pending closure of certain matters.
  • The audit qualification is not new and pertains to BFIL's financials, not IndusInd Bank's standalone or consolidated results.
  • Financial impact of past issues was fully provided for in earlier years; current exercise focuses on staff accountability and investigative processes.
  • The qualification is procedural, related to BFIL's role as a business correspondent and past collection practices, with no new financial implications for IndusInd Bank.

Why It Matters: IndusInd Bank confirms no further financial impact from BFIL issues, despite ongoing audit qualification.

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