<h1>Bank Uncovers Major Accounting Fraud, Reports Rs 2,329 Crore Q4 Loss with Potential Employee Misconduct Investigations</h1> A private sector bank reported a substantial net loss of Rs 2,329 crore in Q4, with annual profit plummeting 71%. The bank discovered accounting frauds in its microfinance portfolio and derivative transactions, leading to significant provisioning. The board suspects employee involvement, directed investigations, and reported potential fraud to authorities. Top executives resigned, and the bank is undergoing forensic probes while seeking regulatory approval for new leadership.