IndusInd to provide for Rs 1,960 cr losses in Q4, to take action against staff
Mumbai: IndusInd Bank said on Sunday it would absorb ₹1,959.98 crore-or the full impact-of losses from incorrect accounting practices in its March earnings. It also promised action against errant employees and sought to strengthen accountability through a realignment of roles. “The board is taking necessary steps to fix accountability of the persons responsible for these … Read more