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accounting discrepancies News

ICAI to Scrutinize IndusInd Bank's Financial Statements Over Alleged Rs 2,100 Crore Accounting Discrepancies

Emily Rodriguez 14 Mar, 2025

The Institute of Chartered Accountants of India (ICAI) is set to review IndusInd Bank's financial statements following the discovery of accounting discrepancies estimated at Rs 2,1...

Business

Market Shock: IndusInd Bank's 16000 Crore Loss in 2 Hours - What Investors Need to Know

Olivia Carter 11 Mar, 2025

IndusInd Bank's shares nosedived 25%, losing 16000 crore market-cap in 2 hours due to accounting discrepancies in its derivatives portfolio. This has raised concerns over the bank'...