IndusInd Bank’s ₹2,500 crore scandal exposes deep cracks in governance: Who missed the red flags?
Six months after a ₹2,500 crore accounting hole surfaced at IndusInd Bank, the scandal continues to shake investor confidence and raise uncomfortable questions about corporate governance, regulatory oversight, and internal accountability. What began as “discrepancies” in the bank’s derivative portfolio has now snowballed into a full-blown investigation, with Mumbai Police launching a formal probe and…