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India: IndusInd Bank chiefs to exit within months after accounting lapses

India: IndusInd Bank chiefs to exit within months after accounting lapses

IndusInd Bank. Photo: Livemint

The Reserve Bank of India has urged the CEO of IndusInd Bank and his deputy to step down after significant accounting lapses as soon as replacements are found and the central bank has approved them, according to four sources familiar with the conversations.

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