News

IndusInd Bank confirms ₹1,269 crore accounting irregularities after internal audit, shares fall
IndusInd Bank confirms accounting irregularities totaling ₹1,269 crores, leading to 2.78% share drop. Regulatory scrutiny ...
IndusInd Bank's internal audit finds ‘unsubstantiated balance’ of ₹595 crore in ‘other assets’
IndusInd said that the IAD has found that a cumulative amount of ₹674 crore was incorrectly recorded as interest over three ...
IndusInd Bank says audit finds Rs 674 cr 'incorrectly' recorded in MFI business
Crisis-hit private lender IndusInd Bank announced on Thursday that its internal audit department (IAD) recently discovered a ...
IndusInd Bank flags Rs 674 crore interest mis-statement in internal audit
In a stock exchange filing, the bank said it had disclosed on April 22 that the IAD was conducting a review of its ...
IndusInd Bank shares fall nearly 6% after internal audit finds Rs 595 crore 'unsubstantiated balance'
In a regulatory filing, the firm said this balance was, later in January 2025, set off against corresponding balances ...
Medicine Buffalo11d
External Audit Activity Policy
The Director of Internal Audit is the designated point of contact and must be fully apprised of any situations involving non-UB auditors. When a UB department contracts with an external audit firm, ...
Rediff Money1d
IndusInd Bank Shares Plunge 6% After Internal Audit Findings
IndusInd Bank shares tumbled after the bank's Internal Audit Department found unsubstantiated balances of Rs 595 crore in ...
Another Accounting Lapse! IndusInd Bank's New Audit Finds Rs 674 Crore Interest 'Incorrectly' Reported In MFI
As per the regulatory filing, IndusInd Bank reveals that pursuant to the receipt of a whistleblower complaint, the IAD was ...