IndusInd Bank needs the Hindujas to take the wheel

A gaping hole in its books in the midst of a leadership crisis has seriously impacted India’s fifth largest private sector lender. Can its MIA promoters step up and restore the confidence of depositors and investors?

17 March, 202513 min
1
IndusInd Bank needs the Hindujas to take the wheel

You may also like

Business
Story image

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.

Business
Story image

Yes Bank’s succession problem is a board problem

As Prashant Kumar’s term runs out, boardroom fault lines have left the lender with no clarity on its next CEO—spooking investors and drawing the RBI’s ire.

Business
Story image

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.