We are almost there ...
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, 2025•13 min
1
17 March, 2025•13 min
1
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
SUBSCRIBE
Already have an account? Sign In
More in Business
Business
Yas Island residential project goes from launch to sold-out in a day
Waldorf Astoria Residences make a splash in Abu Dhabi and the Dubai government is breaking up its properties into pieces.
You may also like
Business
The curious case of Rajiv Anand’s exit from Axis Bank
The announcement of the deputy managing director’s retirement in August may have more to it than meets the eye.
Business
Jio Financial Services has a business and people problem
Strapped for top-flight talent as well as differentiated products, Reliance’s financial services business hasn’t managed to move the needle in its two years of existence.
Business
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.