New Delhi: Recently a big news is coming out, in which it is being told that India's big bank IndusInd Bank has accepted the fact of getting loans to customers without permission due to technical fault. In the news given by the bank, it was told that due to the corona epidemic, the disbursement of micro finance loans by the associate was due to 'technical flaw'. The fact related to this has also come to the fore in the investigation of the audit company Deloitte.
At the same time, after this flaw was exposed, the bank has also constituted a committee to assess the accountability of the employees. The stock market was informed about this by IndusInd Bank. The incident pertains to allegations of disbursement of micro finance loans to customers by Bharat Financial Inclusion Limited (BFIL), a subsidiary of IndusInd Bank, between March 2020 and October 2021, without taking their permission.
On receipt of the same complaint, the bank immediately took decisions like conducting internal audit, IT audit. After that, the fact audit company Deloitte was given the responsibility of investigation. The bank said that Deloitte submitted the final report on 7 March 2022 and based on the findings and assessment of this report, the bank's board of directors found that the loan disbursement without the permission of the customers was due to technical glitch.
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