https://www.taxtmi.com/news?id=44341 Board suspects fraud by certain employees in derivatives, microfinance and balance sheet reporting, has directed reporting to investigative agencies and regulators and to fix accountability; discrepancies have been reflected in final financial results. An external firm quantified a material balance sheet impact and internal audit reported unsubstantiated other-asset balances and incorrectly recorded microfinance interest; senior management resignations prompted appointment of an executive committee to oversee operations. en-us Wed, 21 May 2025 19:01:04 +0530 Wed, 21 May 2025 19:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=44341 Board suspects fraud by certain employees in derivatives, microfinance and balance sheet reporting, has directed reporting to investigative agencies and regulators and to fix accountability; discrepancies have been reflected in final financial results. An external firm quantified a material balance sheet impact and internal audit reported unsubstantiated other-asset balances and incorrectly recorded microfinance interest; senior management resignations prompted appointment of an executive committee to oversee operations. News - Wed, 21 May 2025 19:01:04 +0530 https://www.taxtmi.com/news?id=44341