IndusInd accounting lapse row: CEO’s exit may point to more issues, hit recovery, margins

May 1, 2025

IndusInd Bank faces uncertainty as CEO Sumant Kathpalia resigned following a ₹1,960-crore loss due to derivatives discrepancies, raising concerns about delayed recovery and business disruptions. Analysts suggest appointing a private-sector banker as the new CEO to navigate challenges in key portfolios like vehicle finance and microfinance. The bank’s asset quality is under pressure, with rising non-performing assets.

More To Explore

Varun Beverages shares jump 3% after Q1 PAT rises 15%, revenue grows 20%

Varun Beverages reported a 15% profit and 20% revenue increase in Q1 FY2027. Consolidated sales volumes grew by nearly 20% driven by India and international

July 29, 2026

Tata Capital shares rally 4% after Q1 profit surges 56%; AUM nears Rs 3 lakh crore

Tata Capital shares rose nearly 4% on Wednesday following a stellar Q1 FY27 performance. Consolidated net profit jumped 56% YoY to Rs 1,547 crore, while

July 29, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003