The Reserve Bank of India has approved a one-year extension for Sumant Kathpalia as CEO of IndusInd Bank, extending his term until March 23, 2026. Kathpalia, who has over 37 years of experience in the banking sector, has overseen significant growth despite challenges in the microfinance portfolio.
NCLAT upholds ICICI Securities delisting, dismisses minority shareholder objections
The NCLAT upheld the NCLT’s approval of ICICI Securities’ delisting, dismissing appeals by Quantum Mutual Fund and Manu Rishi Guptha. The tribunal ruled that objections