indusind bank
6 ARTICLES
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.
30 Apr 2025
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 Mar 2025
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.
09 Mar 2025
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 Aug 2024
For IndusInd’s Sumant Kathpalia, the clock is ticking
Given just a two-year extension by the RBI, instead of the three years sought, he is expected to get cracking on festering issues that continue to dog the lender.
21 Jun 2023
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.
02 Nov 2021