SFIO Launches Probe into IndusInd Bank's Accounting Irregularities

• The Serious Fraud Investigation Office (SFIO) has initiated an investigation into accounting matters at IndusInd Bank under Section 212 of the Companies Act, 2013.
• IndusInd Bank received the investigation letter on December 23, 2025, and disclosed it on December 24.
• The probe follows previous disclosures of irregularities in internal derivative trades accounting and issues with microfinance interest and fee income.
• The investigation was ordered after auditors' reports, with CNBC-TV18 first reporting it on December 18.
• IndusInd Bank is fully cooperating with law enforcement agencies; its shares have fallen over 12% in 2025.

Why It Matters: SFIO's probe into IndusInd Bank's accounting matters highlights regulatory scrutiny over financial disclosures.