[ad_1] Ashok Hinduja, Chairman of IndusInd International Holdings, addressed investor concerns about IndusInd Bank in an interview with CNBC-TV18, discussing recent discrepancies in its derivative portfolio, transparency issues, and the bank’s financial stability. He also spoke about promoter commitment, regulatory approvals for stake expansion, pledged shares, and leadership succession. These are the edited excerpts of the […]
RBI approves one-year extension for IndusInd Bank CEO Sumant Kathpalia – CNBC TV18
[ad_1] Private sector lender Indusind Bank Ltd on Friday (March 7) said the Reserve Bank of India (RBI) has approved the reappointment of Sumant Kathpalia as the Managing Director and CEO of the bank for another year, effective from March 24, 2025, to March 23, 2026. “Further to our letter dated September 27, 2024, we […]
IndusInd Bank reappoints Sumant Kathpalia as MD and CEO for three years – CNBC TV18
[ad_1] Private sector lender IndusInd Bank Ltd on Friday (September 27) announced the reappointment of Sumant Kathpalia as managing director and chief executive officer for another three-year term. Kathpalia’s new term will commence on March 24, 2025, and extend through March 23, 2028, pending approval from the Reserve Bank of India (RBI) and the shareholders […]