NFRA Slaps Notices on IndusInd Auditors Over Derivatives Irregularities The NFRA has sent notices to current and former auditors of IndusInd Bank, including MSKA & Associates and BDO, seeking audit files since 2017 amid concerns of lapses in reporting derivatives. The probe centres on whether auditors adequately scrutinised internal hedge transactions and disclosures. Most firms are yet to respond, as the audit community remains divided on the extent of auditors' responsibility. #nfra #mca #icai #indusindbank #charteredaccountants #auditlapses