Rajiv Anand is the new MD and CEO of IndusInd Bank. He faces challenges like reshaping the business and building a new leadership team. The bank’s low-cost deposits have decreased. Asset quality has also weakened. Anand aims to balance work with his interests.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.