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.
21 June, 2023•13 min
0
21 June, 2023•13 min
0
More in Business
Business
Exclusive: Sunil Munjal invokes shares in Bira-linked entity
In another blow, founder Ankur Jain stands to lose further control over his troubled beer brand.
You may also like
Business
Ujjivan has to change its DNA for a universal banking licence
Cutting its decades-old reliance on microfinance loans is the only way the SFB can meet the regulator’s conditions for transitioning to a full-fledged bank
Business
Hero’s comeback has legs, but can it keep its grip?
India’s largest two-wheeler maker has seen a stock surge on the back of macro tailwinds, an EV push, a credible export strategy and renewed investor faith. Proving that this rally isn’t just a festive-season fling will be the real test.
Business
Karnataka Bank urgently needs a permanent CEO
For the past three months, the Mangaluru-based private sector lender hasn’t had a full-time chief executive. But finding a successor is as important as fixing the bank’s worrying financials.