Exits not enough, RBI wants IndusInd Bank to do more
After the derivatives hedging fiasco triggered the resignations of top executives, indications are that the regulator expects the private lender’s board to do a thorough cleanup.
30 April, 2025•10 min
1
30 April, 2025•10 min
1
Getting your Trinity Audio player ready...
More in Business
Business
Ajay Singh’s SpiceJet turnaround story is running on fumes
As much as he would like to convince investors about the airline’s prospects, it’s increasingly clear the low-cost carrier is just about managing to stay afloat.
You may also like
Business
The Rs 590-crore blame game at IDFC First Bank
Divergent narratives from the Haryana government and the lender raise deeper questions on oversight, authorizations and systemic lapses—answers that may emerge only after a forensic audit.
Business
Exclusive: Jana Small Finance Bank to reapply for universal bank licence in May
The Bengaluru-based lender is once again gearing up to seek the RBI’s nod after the central bank returned its application last year.
Business
CSB Bank’s deposits are a ticking time bomb
The Kerala-based bank has been chasing costly and risky bulk term deposits amid tanking profitability.