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Saurabh Tyagi--Clovek,Advisory

24th Mar 2025 · SEBI-Registered Analyst

INDUSINDBK
hires Grant Thornton for forensic check

INDUSINDBK
hired Grant Thornton Bharat to conduct a forensic check on its derivatives operations after disclosing a potential ₹1,600 crore marked-to-market loss due to internal trades. The Reserve Bank of India directed the bank to appoint a new auditor, and the investigation will scrutinize the lapses, accountability, and financial implications within the bank.

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