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Tag: Why IndusInd Bank shares are falling

IndusInd Bank gets more downgrades, price target cuts after one year extension for CEO – CNBC TV18

[ad_1] Multiple brokerages have downgraded Mumbai-based private lender IndusInd Bank Ltd. and cut its price targets on the stock after the Reserve Bank of India approved a one-year extension for its incumbent CEO Sumant Kathpalia. The board had approved a three-year extension for the CEO. UBS has downgraded the stock to “sell” from its earlier […]

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