ICAI may review financial statements of IndusInd Bank amid accounting discrepancies
The ICAI may review IndusInd Bank's financial statements due to accounting discrepancies estimated at Rs 2,100 crore. The discrepancies, noted in the derivatives portfolio, could impact 2.35% of the bank's net worth. ICAI's FRRB will assess compliance with various standards and regulations.
The ICAI may review IndusInd Bank's financial statements due to accounting discrepancies estimated at Rs 2,100 crore. The discrepancies, noted in the derivatives portfolio, could impact 2.35% of the bank's net worth. ICAI's FRRB will assess compliance with various standards and regulations.
