SFIO Launches Probe into IndusInd Bank for Account Irregularities

• Serious Fraud Investigation Office (SFIO) has initiated an investigation into IndusInd Bank under Section 212 of the Companies Act, 2013.
• The probe focuses on accounting irregularities, including derivative transactions, unauthenticated balances in 'other assets' and 'other liabilities,' and microfinance income.
• IndusInd Bank received an official letter from SFIO on December 23, 2025, confirming the investigation and requesting information.
• The bank had previously reported these matters to SFIO on June 2, 2025, and is fully cooperating with the agency.
• CNBC-TV18 first reported the government-ordered investigation on December 18, following auditor concerns.

Why It Matters: SFIO is investigating IndusInd Bank for accounting irregularities, with the bank fully cooperating.