White collar crime probe agency SFIO has started investigating IndusInd Bank for accounting lapses in the derivatives portfolio having financial implication of Rs 1,960 crore to the bank.
“We hereby inform that the bank has received a letter dated December 23, 2025, from SFIO, regarding an investigation into the affairs of IndusInd Bank Ltd under Section 212 of the Companies Act, 2013 seeking relevant information,” the bank said in a regulatory filing on Wednesday.
“We hereby inform that the bank has received a letter dated December 23, 2025, from SFIO, regarding an investigation into the affairs of IndusInd Bank Ltd under Section 212 of the Companies Act, 2013 seeking relevant information,” the bank said in a regulatory filing on Wednesday.
Section 212 of the Companies Act, 2013, empowers the central government to assign complex corporate fraud investigations to the Serious Fraud Investigation Office (SFIO), allowing for investigation based on reports, special resolutions, public interest, or government requests, granting SFIO broad powers to probe financial misdeeds.
