Friday, April 11, 2025

BANKING

PwC has concluded its accounting review of IndusInd Bank's derivatives portfolio, submitting draft findings to management amidst discrepancies in forex derivative transactions. While the review focused on accounting, Grant Thornton Bharat is conducting a forensic investigation to determine the root cause and accountability for mark-to-market derivative losses.

from Banking/Finance-Industry-Economic Times https://ift.tt/kdQcq7a
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