Friday, March 14, 2025

BANKING

IndusInd Bank's joint auditors requested a forensic audit of its derivatives portfolio due to discrepancies potentially impacting its net worth by 2.35% as of December 2024. The bank's board is now selecting an audit firm, with PwC already reviewing the portfolio. The issue has persisted for 5-7 years.

from Banking/Finance-Industry-Economic Times https://ift.tt/y4IPNY2
via IFTTT

No comments:

Post a Comment