PwC wraps up IndusInd Bank’s accounting review; forensic probe by Grant Thornton underway

PwC has concluded its accounting review of IndusInd Bank’s derivatives portfolio, submitting draft findings to management amidst discrepancies in forex derivative transactions. While the review focused on accounting, Grant Thornton Bharat is conducting a forensic investigation to determine the root cause and accountability for mark-to-market derivative losses.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *