banking - Newz Baba

IndusInd Financial institution Disaster Sparks Pressing Name for Stronger Unbiased Director Accountability in Indian Banking, ETCFO

Newz BabaJune 14, 202505 mins

Financial institution impartial administrators beneath lens after IndusInd Financial institution governance disaster The position of impartial administrators (IDs) on the boards of personal banks has come beneath renewed scrutiny following the governance lapses at IndusInd Financial institution, the place a $175–230 million accounting discrepancy linked to undisclosed spinoff exposures has triggered regulatory and market alarm….

IndusInd Financial institution Appoints Borkar & Muzumdar as Joint Statutory Auditor Put up RBI Approval, ETCFO

Newz BabaJune 14, 2025June 14, 202507 mins

After getting Reserve Financial institution of India’s approval, the IndusInd Financial institution on Friday introduced that it has advisable the appointment of Borkar & Muzumdar as joint statutory auditor to the shareholders. “M/s Borkar & Muzumdar will maintain workplace from the conclusion of thirty first Annual Common Assembly (AGM) to be held in 2025 till…