The board will need to come up with replacement by October, adding that it is unclear if only external names will form part ...

IndusInd Bank is expected to have a new CEO by October, as the board moves to finalize a successor to Sumant Kathpalia. The ...

IndusInd Bank termed the reports as ‘factually inaccurate’ and strongly denied the claims made in the media reports.

IndusInd is India's fifth largest private lender, with a 5.4 trillion rupee ($63 billion) balance sheet. On March 10, the ...

The Reserve Bank of India has urged the CEO of IndusInd Bank and his deputy to step down after significant accounting lapses ...

The Reserve Bank of India has asked IndusInd Bank CEO Sumant Kathpalia and his deputy to step down after significant ...

The lender is under focus after its recent disclosure of a substantial accounting discrepancy stemming from an internal ...

The bank, headed by Sumant Kathpalia, has appointed external investigators. His deputy, Arun Khurana, also heads the global ...

IndusInd Bank raised Rs 17,550 crore through CDs, which is 10.2 percent of the total issuances, and HDFC Bank raised Rs ...

Amid rising speculation regarding the bank’s financial health, the Reserve Bank of India (RBI) has stepped in to reassure ...