India's IndusInd Bank chiefs urged to step down, sources say; bank denies report
India's IndusInd Bank chiefs urged to step down, sources say; bank denies report

The sources said the accounting discrepancy - which contravened RBI rules introduced only in April 2024 - did not appear to be an industry-wide problem. The first source said it was a clear issue of lack of oversight, and another source said it had come to light in September 2024 when it was flagged to Kathpalia.