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IndusInd Bank Fiasco: PwC Reviewing Bank's Internal Investigation
PwC is expected to submit a report on its findings in two-three weeks.
11 Mar 2025, 11:20 AM IST i

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Monday evening, IndusInd Bank informed exchanges that it had found accounting discrepancies in its derivatives portfolio. Sumant Kathpalia, MD & CEO, IndusInd Bank. (Photo source: NDTV Profit)
Private sector lender IndusInd Bank Ltd. has appointed Big Four consulting firm PwC India to conduct an external check on accounting discrepancies the lender found in its treasury book. According to a person with direct knowledge of the matter, PwC will likely submit a report in two to three weeks on its findings in the matter.Monday evening, IndusInd Bank informed exchanges that it had found accounting discrepancies in its derivativ...

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