Axis Bank In Damage Control Mode After Money Laundering Incidents
Monday, December 19, 2016, 12:16 PM
Axis Bank MD and CEO Shikha Sharma, has sent letters to Axis Bank customers saying, the bank is tracking sudden surge in account activity and any suspicious accounts. Axis Bank is in damage control mode, after embarrassing incidents of money laundering, were detected at some branches of Axis Bank after demonetization. Axis Bank has hired financial audit firm KPMG, to conduct a forensic audit.