ICAI begins review of IndusInd Bank, Gensol accounts, says audit...

ICAI begins review of IndusInd Bank, Gensol accounts, says audit probe may take six months; disciplinary action to follow if lapses found

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The ICAI is scrutinizing the financial statements of IndusInd Bank and Gensol Engineering, a process expected to last at least six months. This review follows IndusInd Bank's disclosure of a significant accounting lapse and regulatory scrutiny of Gensol Engineering.

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