IndusInd Bank is facing scrutiny over past accounting reversals flagged in a whistleblower letter to the RBI and the board. The letter also highlighted a discrepancy in interest income from the microfinance portfolio and an inappropriate relationship between a senior executive and an employee. These issues led to internal and forensic audits, executive resignations, and a significant financial provision.
from Banking/Finance-Industry-Economic Times https://ift.tt/mPVeWpB
via IFTTT
No comments:
Post a Comment