IndusInd Bank suspects fraud, says ‘certain employees’ may be involved in Rs 1,269 crore ‘accounting discrepancy’
- Posted on May 21, 2025
- By Financial Express
- 1 Views
IndusInd Bank suspects fraud, says ‘certain employees’ may be involved in Rs 1,269 crore ‘accounting discrepancy’
India's fifth-biggest private lender by assets had disclosed in March that years of incorrect accounting of internal derivative trades led to a $230 million hit to its accounts for the financial year ended March 31.
