Mumbai: Mumbai Police’s Economic Offences Wing (EOW) has initiated a preliminary inquiry (PE) into alleged irregularities worth ₹2,000 crore at IndusInd Bank.Not yet An FIR has been registered.
About The Case
According to officials, the bank had sent a letter to the police requesting an investigation into allegations of irregularities against some of its former Key Managerial Persons (KMPs). The EOW will now examine the claims, gather documents, and record statements before deciding whether a formal FIR needs to be registered.
Sources said that the inquiry will focus on the nature and extent of the alleged irregularities, the period during which they occurred, and whether they caused any financial loss to the bank or its customers.
According to officials, the matter came to light after the bank flagged suspected accounting discrepancies and wrote to the police, requesting an investigation into the role of some of its former Key Managerial Personnel (KMPs). The EOW will now scrutinise financial records, internal audit reports, and other evidence to determine the nature and scale of the alleged wrongdoing.
Sources said the alleged irregularities involve complex accounting entries, and investigators are trying to establish whether these were deliberate manipulations, systemic failures, or compliance breaches. The probe is in its early stages, and no FIR has been registered yet.
