IndusInd Bank Crisis Compels RBI To Begin Review Of Derivative Books: Are More Such Issues Arising?

Описание: ‘Derivative accounting discrepancies may not be just an IndusInd Bank-specific issue & may see other banks report gaps as well’ Abizer Diwanji, Founder, NeoStrat Advisors weighs in on the IndusInd Bank derivative accounting episode. Says, India lacks enough experienced manpower for a thorough sector-wide derivative accounting review, given complexities in hedges. India Ratings & Research’s Karan Gupta says RBI may initiate a wider thematic audit on banks’ derivative portfolios.

#indusindbank #internalreview #derivativeportfolioreview #accountingdiscrepancies #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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