For IndusInd’s Sumant Kathpalia, the clock is ticking
Given just a two-year extension by the RBI, instead of the three years sought, he is expected to get cracking on festering issues that continue to dog the lender.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
Amid results showing signs of recovery, Vijay Shekhar Sharma teases a return for Paytm wallets
They were the app’s flagship feature until the RBI shut down new deposits into Paytm wallets a year and a half ago.
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.
IndiGo’s Rahul Bhatia may have another winner—in hospitality
The partnership between his InterGlobe Hotels and French multinational Accor poses a serious challenge to the leadership of Tata’s IHCL and American multinational Marriott in the hospitality business.
