indusind banks accounting lapses deputy ceo arun khurana resigns

Indusind Banks Accounting Lapses: Deputy Ceo Arun Khurana Resigns

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Mumbai: IndusInd Banks Deputy CEO Arun Khurana, who was overseeing the treasury front office function of the bank, has resigned in the wake of accounting lapses costing Rs 1,960 crore in the fiscal ended March 2025 to the lender. Considering the recent unfortunate developments, wherein the Bank determined an adverse accounting impact on P L, on account of incorrect accounting for internal derivative trades, I having oversight of the Treasury Front office function, as the Whole Time Director