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IndusInd Bank's Deputy CEO resigns over a ₹1,959.98 crore accounting error in internal trades.
Arun Khurana, Deputy CEO of IndusInd Bank, has resigned due to a significant accounting error involving internal derivative trades that affected the bank's earnings by ₹1,959.98 crore. External audits confirmed the discrepancies, leading to the bank's decision to restructure senior management roles and responsibilities. An independent firm will investigate the issues further.
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