The Economic Offences Wing ( EOW) has initiated a preliminary enquiry into alleged accounting irregularities at IndusInd Bank, reported ET NOW citing sources.
Arun Khurana, the bank’s former Deputy CEO and treasury head, is under investigation in connection with a Rs 1,960 crore loss linked to mis-accounting of derivative trades. Khurana had resigned from his post on April 28, 2025.
According to ET NOW sources, certain executives traded the bank’s shares before the lapses became public. The former Deputy CFO may also be summoned as part of the probe.
(With inputs from ET NOW)
Arun Khurana, the bank’s former Deputy CEO and treasury head, is under investigation in connection with a Rs 1,960 crore loss linked to mis-accounting of derivative trades. Khurana had resigned from his post on April 28, 2025.
According to ET NOW sources, certain executives traded the bank’s shares before the lapses became public. The former Deputy CFO may also be summoned as part of the probe.
(With inputs from ET NOW)
You may also like
'Appreciate anti-terror effort': US secretary of state Marco Rubio wishes Pakistan on Independence; hails 'trade ties'
Mumbai Rains: City Lashed By Heavy Showers, IMD Warns Of Intense Rainfall; Yellow Alert Issued Till August 17
I bought an electric car — there are lots of down sides but the numbers don't lie
Who is Saaniya Chandok? Details About Sachin Tendulkar's To Be Daughter-In-Law & Arjun Tendulkar's Fiance
Flash flood hits Himachal Pradesh's Kinnaur, army launches high-altitude rescue
