SFIO summons former top executives of IndusInd Bank in accounting probeThe Serious Fraud Investigation Office is investigating IndusInd Bank's accounting irregularities. Key former executives have been summoned...
30 Mar, 2026, 12.43 AM IST
SFIO launches investigation against IndusInd Bank for accounting discrepancies in derivatives portfolioSFIO has initiated an investigation into IndusInd Bank over discrepancies in its derivatives trades and certain balance sheet accounts. The...
24 Dec, 2025, 08.43 PM IST
IndusInd reveals Rs 674 crore error in microfinance books, flags 'other' asset lapseIndusInd Bank addressed a whistleblower complaint regarding discrepancies in its financial records. The bank revealed that ₹595 crore in "o...
16 May, 2025, 11.14 AM IST
IndusInd Bank shares slip 6% after internal audit flags Rs 595 crore discrepancy in 'other assets'IndusInd Bank shares: In a regulatory filing on Thursday, the bank disclosed that a discrepancy was identified following a whistleblower co...
16 May, 2025, 09.26 AM IST
IndusInd Bank probes yet another accounting issueIndusInd is facing scrutiny over past accounting reversals flagged in a whistleblower letter to the RBI and the board. The letter also high...
15 May, 2025, 10.48 AM IST
IndusInd Bank shares in focus as internal audit probes new accounting irregularitiesIndusInd Bank shares: A whistle-blower letter sent to the Reserve Bank of India and IndusInd Bank’s board just days before the RBI granted ...
15 May, 2025, 08.50 AM IST
IndusInd Bank shares in focus after clarification on engagement of EY for forensic auditIndusInd Bank shares: The board of IndusInd Bank has engaged global professional services firm EY to conduct a second forensic audit. This ...
25 Apr, 2025, 09.11 AM IST
IndusInd had roped in KPMG and EY in early 2024 for treasury reviewIndusInd Bank's 2024 review by KPMG and EY highlighted discrepancies in treasury and derivatives accounting. Following a sharp 27% stock dr...
04 Apr, 2025, 11.17 AM IST
IndusInd Bank hires Grant Thornton for forensic checkIndusInd Bank hired Grant Thornton Bharat to conduct a forensic check on its derivatives operations after disclosing a potential ₹1,600 cro...
24 Mar, 2025, 12.11 AM IST
IndusInd auditors seek forensic scrutiny of derivatives portfolioIndusInd Bank's joint auditors requested a forensic audit of its derivatives portfolio due to discrepancies potentially impacting its net w...
15 Mar, 2025, 05.30 AM IST
ET Explainer: Internal trades & a hedge too farIndusInd Bank has reported discrepancies in its derivatives portfolio related to transactions spanning the last 7-8 years. These issues aro...
12 Mar, 2025, 05.44 AM IST
Explained: Why Rs 1,577 crore discrepancy made Rs 15,000 crore hole in IndusInd Bank market valueIndusInd Bank stated that the accounting discrepancies will negatively affect its net worth by 2.35% as of December 2024. The post-tax impa...
11 Mar, 2025, 01.00 PM IST
IndusInd Bank shares hit by downgrades, target price cuts. What investors should doIndusInd Bank shares dropped 20%, hitting a 52-week low of Rs 720.50, after multiple brokerages downgraded the stock following an accountin...
11 Mar, 2025, 10.29 AM IST
Zoho Books ensures better accountability and improved fraud protection, say majority respondentsZoho Books is a GST-compliant cloud accounting platform that provides an audit trail feature in its accounting software.
17 Apr, 2023, 02.40 PM IST
Licence of Shahid Balwa's private air charter firm suspendedThe licence of 2G scam accused Shahid Balwa's private air charter firm has been suspended following a safety audit carried out by the ICAO.
26 Aug, 2013, 06.39 PM IST
- Independent auditing of cooperatives, NGOs needed: ICAI
The Institute of Chartered Accountants of India has stressed the need for independent auditing of cooperative societies, various educationa...
01 Sep, 2011, 12.07 PM IST
- ICAI to help CBI, finmin sniff out black money
Accounting regulator ICAI has started working with investigating agencies under the home ministry and the finance ministry to help them tra...
10 Oct, 2008, 01.17 AM IST