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IndusInd Bank sets up exec group to strengthen financial controls
short by Shristi Acharya / on 18 Oct 2025,Saturday
IndusInd Bank has constituted an executive-level Project Management Group to strengthen internal financial systems and controls. This comes after the lender reported accounting discrepancies linked to its derivatives portfolio worth around ₹1,960 crore in March. SEBI's earlier order revealed that the bank was aware of the discrepancies 15 months before it disclosed them to market exchanges.
short by Shristi Acharya / 07:40 pm on 18 Oct
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