This case explores how a derivative valuation disclosure at IndusInd Bank escalated into a governance crisis. The revelation triggered a market reaction, regulatory attention from the Reserve Bank of India (RBI) and internal board-level tensions regarding the appropriate sequencing of transparency and stabilisation measures.
At the centre of the crisis lies a leadership dilemma: Should the bank immediately pursue radical transparency and restatement, risking short-term market volatility or adopt a regulator-aligned stabilisation-first strategy to mitigate systemic disruption?
The case allows students to assess leadership choices, board accountability, regulatory signalling and crisis communication in a banking context.
Suitable for Master of...
