Heads roll at IndusInd Bank amid clean-up
An unprecedented number of top executives are set to retire from the bank, amid dangerous levels of stress on its books and concerns over shareholding.
2 November, 2021•15 min
0
2 November, 2021•15 min
0

More in Business
Business
Q3 earnings lay bare $5 billion migraine for four of India’s top banks
While the earnings have been encouraging, the real challenge lies in addressing the slowing deposit growth and leadership uncertainty.
You may also like
Business
Q3 earnings lay bare $5 billion migraine for four of India’s top banks
While the earnings have been encouraging, the real challenge lies in addressing the slowing deposit growth and leadership uncertainty.
Business
Why IndusInd Bank promoter Ashok Hinduja was never really in the dark
As the private lender reeled from serial scandals, Hinduja insisted he was merely a shareholder. Board-level links, conflicts of interest and regulatory blind spots suggest otherwise.
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.







