Cobrapost sting: KPMG to do forensic audit at Axis Bank
April 24, 2013 22:11
Axis Bank today said it has appointed top accounting firm KPMG to do a forensic audit, following a sting operation done by Cobrapost that alleged executives of the private lender had indulged in money laundering.
"We have hired KPMG (to conduct a forensic audit)," Axis Bank Executive Director Somnath Sengupta told reporters.