ICAI to complete review of fin statements of IndusInd Bank, Gensol in 6 months

ICAI will take at least six months to review the financial statements of IndusInd Bank and Gensol Engineering to ascertain audit lapses. The review follows concerns about incorrect recognition of derivative trades and alleged fund diversions. ICAI will also host the GCC Summit Series, reinforcing India’s leadership in the Global Capability Centres ecosystem.

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