Is Sumant Kathpalia hurting his chances of a third term as IndusInd Bank CEO?

Already on a two-year extension (instead of the usual three), the banker hasn’t really moved the needle on the tasks he was set. Plus, his demand for a hike seems to be a fresh irritant for the RBI.

27 August, 202411 min
0
Is Sumant Kathpalia hurting his chances of a third term as IndusInd Bank CEO?

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.