Thursday, May 15, 2025

BANKING

IndusInd Bank addressed a whistleblower complaint regarding discrepancies in its financial records. The bank revealed that ₹595 crore in "other assets" were offset against "other liabilities" in January 2025. Additionally, ₹674 crore was incorrectly recorded as interest in the microfinance loan book over three quarters, later reversed.

from Banking/Finance-Industry-Economic Times https://ift.tt/Q4MbIzT
via IFTTT

No comments:

Post a Comment