IndusInd Bank faces fresh accounting irregularity probe: Report
IndusInd Bank's internal audit department is currently examining a series of past accounting reversals, Economic Times reported. These reversals were first flagged in a whistleblower letter to the Reserve Bank of India and the bank's board of directors. IndusInd Bank had earlier disclosed accounting lapses in the derivative portfolio, which were estimated to cost ₹1,960-crore in losses to bank.