IndusInd’s Sumant Kathpalia has little time to lose
The CEO’s tenure has been extended to no more than a year by the RBI, instead of the three sought by the bank. The regulator’s message is loud and clear: this might be Kathpalia’s last chance at getting his house in order.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
Limited time offer $125 $99 for 1 year
More in Business
You may also like
Prashant Kumar takes spring-cleaning route to profitability
The Yes Bank CEO ushers in a spate of changes in the retail banking business to stem its loss-making streak.
Exclusive: SBI MF dusts off plans for a mega IPO
SBI is in discussions with its French partner on the contours of a near Rs 20,000-crore listing of the mutual fund house. But challenges in the form of a unique shareholder agreement and the recent poor performance of the AMC could derail plans.
ICICI Bank is beating the leader at its own game
The Sandeep Bakhshi-helmed private lender has moved swiftly to grab a bigger slice of the corporate loan action, posing a threat to what was once HDFC Bank’s bastion.