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

More in Business
Business
Bhavish Aggarwal offloads 2% of Ola Electric stake
The founder and CEO of the struggling electric-scooter company sold 2.6 crore shares through a bulk deal.
You may also like
Business
RBI wants IndusInd Bank promoters, the Hindujas, cut to size
After successive controversies and growing unease over promoter influence, the central bank is reshaping the lender—starting with management, moving to its board and tightening the screws on ownership.
Business
Amitabh Chaudhry needs to rethink Axis Mutual Fund’s revival strategy
The fund house has fallen behind its peers. What explains the sub-par performance?
Business
Why Kotak Mahindra Bank is in a hurry to swallow IDBI
As growth flatlines, acquisition of the government-controlled lender may be the only way out for the Uday Kotak-promoted bank to stay relevant.







