The bank has not yet finalised the clawback period, which is likely to span two to three years. The proposed action is based on findings from multiple internal and external reports commissioned by the bank, including reviews conducted by Grant Thornton, PwC and EY, they said. The three executives were at the helm of IndusInd when the non-state bank discovered accounting discrepancies in internal derivative trades, which caused it a loss of about Rs 2,000 crore.
