The Economic Offences Wing has launched a preliminary inquiry into alleged accounting irregularities at IndusInd Bank. This investigation centers on a ₹1,960 crore loss attributed to mis-accounting of derivative trades, involving Arun Khurana, the bank’s former Deputy CEO. Executives are also suspected of trading the bank’s shares before the lapses were publicly disclosed.
from Banking/Finance-Industry-Economic Times https://ift.tt/5BbDNMp
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