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Sumant Kathpalia News

Sumant Kathpalia Steps Down as CEO of IndusInd Bank Following Financial Irregularities

Ryan Peterson 30 Apr, 2025

Sumant Kathpalia resigns as CEO of IndusInd Bank following derivative losses, with a forensic review estimating nearly Rs 2,000 crore in losses. The bank seeks RBI approval for a t...

Business

RBI Grants IndusInd Bank CEO a 1-Year Extension, Denies Request for 3 Years

Ryan Peterson 08 Mar, 2025

The Reserve Bank of India has approved a one-year extension for Sumant Kathpalia as MD and CEO of IndusInd Bank, less than the three years requested by the bank's board. Kathpalia'...

Sumant Kathpalia News

Sumant Kathpalia Steps Down as CEO of IndusInd Bank Following Financial Irregularities

RBI Grants IndusInd Bank CEO a 1-Year Extension, Denies Request for 3 Years

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