Friday, September 14, 2007

Indian Bank - Limited Review For The Quarter Ended June 30, 2007

Indian Bank has informed that in the limited review report of the Company for the quarter ended June 30, 2007, the Auditors of the Company have made the following observations:

The Bank has not adopted the revised Accounting Standard (AS 15) Employee Benefits issued by the Institute of Chartered Accountants of India (ICAI) and the impact of the same on the financials is not ascertainable.

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