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Axis Bank Ltd

Farcical Saga of Axis Bank’s Chief Audit Executives

3.8k Views20 Feb 2025 04:39
SUMMARY
  • 2 Heads of Audit in 1 month with another replacement within 6 months
  • Audit head in a bank is a highly sensitive post and the banking regulator recommends a minimum tenure of 3 years for the post
  • Internal audit in Axis Bank has become a major concern which should worry investors
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Hemindra Hazari
Specialist in Indian Banking and Economic Research
IndiaFinancialsEquitiesESGThematic (Sector/Industry)
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