Police's probe on IndusInd not pointing at fund siphoning: Report

Shristi Acharya, Published on Oct 16th, 2025

Police's probe on IndusInd not pointing at fund siphoning: Report

Mumbai Police’s Economic Offences Wing's probe on IndusInd Bank's treasury fraud case doesn't indicate siphoning of bank funds, whether to personal accounts of its ex-officials or to any shell companies, Moneycontrol reported. This comes as the bank reported accounting discrepancy in March, which has an impact of ₹2,000-crore. Police has so far questioned seven people in connection with the case.

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