RBI asks IndusInd Bank board to nominate candidates for CEO, COO posts

March 13, 2025

The RBI has requested IndusInd Bank to propose two external candidates for CEO and COO roles following a one-year extension for Sumant Kathpalia’s tenure, now ending in March 2026. Kathpalia acknowledged RBI’s reservations about his leadership. Additionally, the bank is examining its derivative portfolio discrepancies, potentially affecting its net worth by 2.35%.

More To Explore

RIL vs Airtel: Hemang Jani explains how to approach both

Elon Musk’s SpaceX plans to enter India’s telecom sector with Starlink, intensifying competition between Bharti Airtel and Reliance. Market expert Hemang Jani suggests Reliance offers

March 14, 2025

Market corrections and Warren Buffett’s timeless wisdom: Why investors should rejoice

Seasoned investors, like Anshul Saigal, view recent market corrections as valuable opportunities. Saigal, drawing from Warren Buffett’s philosophy, emphasizes buying quality assets at reasonable valuations

March 14, 2025

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

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