Panel to run IndusInd Bank till new CEO logs in

May 1, 2025

Following CEO Sumant Kathpalia’s resignation amid derivatives portfolio discrepancies, the RBI has approved IndusInd Bank’s interim “committee of executives,” including Soumitra Sen and Anil Rao, to manage daily operations. This committee will function under board oversight until a new CEO is appointed or for a maximum of three months.

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