Search result for 'unsubstantiated balance'

IndusInd Bank to ramp up retail liabilities, scale MSME assets, and focus on secured retail loans in FY26 after addressing past issues.

IndusInd Bank shareholders approve raising up to Rs 30,000 crore via debt and equity. This follows a net loss and accounting irregularities.

ICAI's Financial Reporting Review Board (FRRB) will review IndusInd Bank and Gensol's financial statements for potential audit lapses over six months.

ICAI's Financial Reporting Review Board (FRRB) will review IndusInd Bank's financial statements for 2023-24 and 2024-25 following accounting irregularities.

IndusInd Bank reported a Rs 2,329 crore net loss in Q4 due to accounting fraud, leading to a 71% drop in FY25 profit. The bank is investigating employee involvement and has reported the matter to...

IndusInd Bank reported a net loss of Rs 2,328.9 crore in the March quarter, due to higher provisioning and lower income. The bank's FY25 profit tanked 71% amid accounting lapses and fraud. Learn more.

IndusInd Bank shares tumbled after the bank's Internal Audit Department found unsubstantiated balances of Rs 595 crore in 'other assets'. The bank is investigating the roles of key employees.

IndusInd Bank's internal audit uncovered Rs 595 crore in unsubstantiated balances, leading to a review of key employee roles and actions. This follows previous accounting lapses and resignations of...