IndusInd Bank —  BusinessLine Editorial -[1] It comes as a surprise as to how accumulated losses went unnoticed for 5 to 7 years [2] Concern expressed about the manner of selection index constituents by stock exchanges [3] Fund managers have little choice but to buy index stocks even if they have reservations on some aspects of the company [4] Quality of audit of banks also needs to be examined–despite  internal audit–concurrent audit – statutory and compliance audit – and RBI audit — and yet the losses remained unrecognized for several years [5]Editorial finally avers — An ecosystem reappraisal is in order.