IndusInd identifies an internal accounting lapse impacting 2.35% of the Net Worth
IndusInd continues to face headwinds. Now in a public disclosure it has informed to have found discrepancies in certain account balances related to its derivative transactions. Internal review was conducted in response to RBI’s September 2023 directions on investment portfolios for lenders, focusing on their ‘Other Asset and Other Liability’ accounts. The estimated impact is … Read more