• Garima Agrawal

ABSTRACT Window dressing is a term used to describe cosmetic changes a financial institution might make, often near the end of a reporting period, to improve its appearance to investors. Window dressing occurs when a company or financial institution makes cosmetic changes, often at the end of a reporting period, to improve investors’ perceptions of its financial condition. Window dressing is when managers in an organization take measures to make their financial statements appear better than they actually are. The basic idea of window dressing is to mislead shareholders and investors by presenting a favorable picture of the organization’s performance. Window-dressing is one of the uncomfortable phenomena in the Indian banking system. Banks try to make-up their figures through artificial means. However, the make-up does not last long. The simplest and most common way of practicing window dressing involves presenting statistical information in such a way as to improve the way an enterprise’s performance appears to clients, shareholders, or investors. In spite of being transitory, window-dressing has become a common and normal practice among bankers and an integrated feature of the system so much. All banks window-dress, only the degree differs. This paper discusses the reasons for and ways of window dressing, pros and cons of window dressing, present status of window dressing in Indian banks, fraud analysis and statutory measures to curb or minimize the risk of window dressing.

Window Dressing, Financial Statements, Indian Banking System, Artificial Figures, Fraud Analysis.

"A STUDY ON WINDOW DRESSING OF FINANCIAL STATEMENTS IN INDIAN BANKS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 9, page no.g337-g349, September-2023, Available :http://www.jetir.org/papers/JETIR2309653.pdf

"A STUDY ON WINDOW DRESSING OF FINANCIAL STATEMENTS IN INDIAN BANKS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 9, page no. ppg337-g349, September-2023, Available at : http://www.jetir.org/papers/JETIR2309653.pdf