Sebi probing IndusInd Bank's senior management for...

Dununu.com Dununu

Sponsored

Sebi probing IndusInd Bank's senior management for 'egregious violations'

RSS Feed Business

Posted

89

Sebi is investigating IndusInd Bank's senior management for potential securities market violations related to a Rs 3,400 crore accounting fraud. The RBI is conducting the primary investigation. The bank acknowledged employee involvement and initiated internal audits after identifying discrepancies in derivatives, microfinance, and balance sheet disclosures. Despite a significant net loss in the March quarter, IndusInd Bank shares recovered slightly.

Read Full Article

Please log in to like, share and comment!

Despite revenue shortfalls, Nepal set to bring budget above Rs 1.9 trillion

KATHMANDU: As the fiscal year nears its end, Nepal’s government is preparing to unveil a...

By 0 0

JAC Result 2025 News Live: List of websites to check Jharkhand board 10th, 12th results when announced

By 0 5

India's Jan-March GDP growth likely to rebound to 6.8%, says expert

Deutsche Bank forecasts India's real GDP to grow by 6.8% year-on-year in Q4 FY25, rebounding from...

By 0 5

Dow Jones ends flat as treasury yields dip, Trump's tax bill passed

US stocks experienced a volatile session, ultimately closing with minimal changes as declining...

By 0 5

Deepika all smiles amid ‘Spirit’ exit buzz

Deepika Padukone was recently spotted at the airport. Rumors suggest she may no longer be part of...

By 0 5