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ICAI may review fin statements of IndusInd

IndiaTimes Friday, 14 March 2025
ICAI may review IndusInd Bank's financial statements after the bank disclosed a Rs 2,100 crore discrepancy in its derivatives portfolio. This issue could impact 2.35% of the bank's net worth by December 2024, as per the bank's internal review. ICAI's Financial Reporting Review Board is expected to assess compliance with accounting and auditing standards.
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