In our experience companies adopt liberal accounting policies to cover up flagging fundamentals otherwise there is rarely a valid business reason.
Will IndusInd’s Much-Needed Reorganisation of Corporate Lending Trigger Another Round of Whistleblowing?
EXECUTIVE SUMMARY. Indusind Bank shareholders are paying a heavy price for senior executive-level reorganisation in Bharat Financial Inclusion (BFI), which backfired as...
By Quentin Webb and Shefali Anand Updated Nov. 22, 2021 7:27 am ET
The bank’s official explanation of a technical glitch needs to be examined, by the RBI, which should commission a probe.
EXECUTIVE SUMMARY. On November 5, 2021, the auspicious day of the Hindu New Year, the Economic Times burst a firecracker of a...