IndusInd Bank probes yet another accounting issue

May 15, 2025

IndusInd Bank is facing scrutiny over past accounting reversals flagged in a whistleblower letter to the RBI and the board. The letter also highlighted a discrepancy in interest income from the microfinance portfolio and an inappropriate relationship between a senior executive and an employee. These issues led to internal and forensic audits, executive resignations, and a significant financial provision.

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Gold prices remained stable on Friday but are set for a weekly loss as President Trump delayed a decision on intervention in the Israel-Iran conflict.

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Vanguard Group buys 1.1% stake in Vishal Mega Mart for Rs 655 crore

Vanguard Group, a US-based investment management company, has acquired a 1.1 per cent stake in the supermarket chain Vishal Mega Mart for ₹655 crore through

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