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%.
Concurrent Gainers: 5 stocks that gained for 5 days in a row
Over the five trading sessions ending May 30, the Sensex declined by 0.33%, shedding 270 points to close at 81,451. The index posted losses on
May 31, 2025