Indusind Bank Crisis Ceo Exits After Rs 1959 Crore Loss Disclosure How Bad Is It

business indusind bank crisis ceo exits after rs 1 959 crore loss disclosure how bad is it

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IndusInd Bank faces turmoil as CEO Sumant Kathpalia resigns after the bank absorbs significant losses from incorrect accounting practices in its derivatives book. The discrepancies, revealed in March, raised concerns about corporate governance and audit oversight.

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