**Mumbai: Former IndusInd Bank Executives Summoned in ₹1,960 Crore Irregularities Case**
The Economic Offences Wing (EOW) has summoned former Deputy CEO Arun Khurana and former CFO Govind Jain of IndusInd Bank in connection with alleged irregularities amounting to ₹1,960 crore.
According to EOW officials, Arun Khurana has been asked to appear for questioning on September 22, while Govind Jain has been directed to appear on September 24.
### Khurana at the Center of the Probe
Arun Khurana is reportedly at the center of the ongoing investigation. He resigned from his position after the bank’s internal probe uncovered accounting discrepancies related to derivative transactions, which resulted in significant financial losses.
### Compliance Failures Under Scrutiny
Sources reveal that during the tenure of both executives, various financial decisions were made without proper adherence to regulatory compliance. These actions are now under close examination by investigators.
The EOW is expected to record detailed statements from Khurana and Jain to determine their specific roles in the alleged irregularities.
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https://www.freepressjournal.in/mumbai/indusind-bank-scam-eow-summons-former-deputy-ceo-and-ex-cfo-in-1960-crore-irregularities-case