Updated By: LatestGKGS Desk
Axis Bank has hired KPMG to conduct forensic audit for enhanced due to building more safeguards.
As fraudulent activities has been traced by the Government in the Axis Bank, the Managing Director of Axis Bank has taken the decision for forensic audit.
Axis Bank is tracking sudden surge in the accounts and have proactively identified potentially suspicious accounts.
The Managing Director and CEO of Axis Bank Shikha Sharma feels embarrassed due to the conduct of handful of employees bringing organisation into dispute.
Shikha Sharma regrets mislead of handful of people which have wrinkled the work of more than 50,000 employees which have been working hard since demonetisation.
The Income Tax Department conducted raid at Axis Bank in Noida where unearthed 60 crore was found from the accounts of 20 companies.
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