Source: The Times of India

ICAI: ICAI may review fin statements of IndusInd

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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Est. Annual Revenue
$100-500M
Est. Employees
500-1.0K
Charanjot Singh Nanda's photo - President of ICAI

President

Charanjot Singh Nanda

CEO Approval Rating

- -/100

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