MUMBAI, April 24 -- IndusInd Bank expects to return to industry-aligned growth in FY27 after a year of repair work following accounting issues in its derivatives portfolio and stress in its microfinance book, managing director and chief executive Rajiv Anand said on Friday.

"The derivatives issue is behind us and it's been fully accounted for. We have been guiding that 2026-27 is when we transition to a growth mindset and we believe that this year should be, when we start to grow broadly in line with the market, both on assets as well as on liabilities," Anand said during the March quarter earnings conference call.

For the quarter ended March, the bank's loan book fell 8% year on year to Rs.3.15 trillion, while deposits declined 3% to R...