Indusind bank

News and Trends

HDFC Bank Gets RBI Approval for 9.5% Holding in IndusInd Bank

The central bank has specified that the total holding should not exceed 9.50 percent of the paid up share capital or voting rights of IndusInd Bank at any point in time.

News and Trends

IndusInd Bank Appoints Rajiv Anand as CEO for Three-Year Term

Anand's tenure will begin on August 25, 2025, and conclude on August 24, 2028, the bank said in a regulatory filing.

News and Trends

Sumant Kathpalia Resigns as IndusInd CEO; RBI Nods For Interim Leaders

Sumant Kathpalia stepped down as MD & CEO effective close of business hours on April 29, bringing an end to his tenure at the bank. In response, the bank has taken swift action to maintain continuity and governance stability.

News and Trends

IndusInd Bank Appoints Santosh Kumar as Deputy CFO

Kumar will oversee the bank's finance and accounts functions until a full-time CFO is appointed.

News and Trends

IndusInd Bank Shares Plunge 25% Hitting a 52-week Low

The trouble stems from an internal review that uncovered errors in how the bank accounted for hedging costs linked to past forex transactions.