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RBI Set to Clear Name of IndusInd CEO Soon
July 12, 2025
|The New Indian Express Anantapur
The Reserve Bank is likely to clear the name of the next chief executive of the troubled IndusInd Bank this month itself—by cutting short its time-consuming application vetting process that normally takes three to four months.
IndusInd Bank has been headless since late April when the scam-tainted chief executive Sumant Kathpalia and deputy Arun Khurana resigned, owning moral responsibility for the massive losses in its forex derivatives trading book and had to book a massive ₹2,329 crore in net losses in the March quarter.
هذه القصة من طبعة July 12, 2025 من The New Indian Express Anantapur.
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المزيد من القصص من The New Indian Express Anantapur
The New Indian Express Anantapur
Banks raise rates on NRI deposits, offer up to 6.6%
WITH the Reserve Bank of India (RBI) announcing a dollar swap facility for Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, banks have raised interest rates by 300-350 basis points on dollar-denominated NRI deposits, with some offering as much as 6.6% for tenures of three to five years.
1 mins
June 12, 2026
The New Indian Express Anantapur
‘If released, I’ll kill again,’ says murder convict after getting death sentence
A 33-year-old man in Ghazipur in Uttar Pradesh, facing capital punishment in connection with a murder case, vowed to repeat the offence if freed from prison.
1 min
June 12, 2026
The New Indian Express Anantapur
Family seeks high-level probe into Aditya's death
THE family of seafarer Aditya Sharma of Hamirpur in Himachal Pradesh, who died off Oman coast in a US strike, has demanded a high-level inquiry into the circumstances leading to the incident amid allegations against the command on board the ship.
1 min
June 12, 2026
The New Indian Express Anantapur
BJP sweeps Upper House polls in Gujarat, MP and NE
HOURS after the Supreme Court refused to stay the electoral process for the June 18 Rajya Sabha elections to three seats from Madhya Pradesh, all three BJP candidates were declared elected unopposed on Thursday.
1 mins
June 12, 2026
The New Indian Express Anantapur
Shivanand leaves behind a wailing family in Deoria
THE death of Shivanand Chaurasia from eastern UP after a US strike on an oil tanker off the Oman coast has left behind a deep void in the devastated family.
1 min
June 12, 2026
The New Indian Express Anantapur
Centre extends excise duty relief to petrol blended with higher ethanol
THE government on Thursday extended central excise duty exemptions to petrol blended with 22%, 25%, 27% and 30% ethanol.
1 mins
June 12, 2026
The New Indian Express Anantapur
CONSERVATION BOOST FROM HISTORY MADE IN SIMILIPAL
WHEN Odisha Chief Minister Mohan Charan Majhi last week broke the news of Maharashtra-born tigress Zeenat giving birth to four cubs in the Similipal Tiger Reserve, he acknowledged a landmark in India’s conservation history.
1 mins
June 12, 2026
The New Indian Express Anantapur
Making US men’s football great
The world’s most popular sport has struggled to become mainstream in the US. While their women’s team are renowned, the men aren't elite. Swaroop Swaminathan takes a look at why they will be desperate to leave an imprint at this home World Cup...
3 mins
June 12, 2026
The New Indian Express Anantapur
2 dead, several houses torched in Manipur
VIOLENCE broke out in Manipur’s Senapati district on Wednesday night after the remains of six Naga hostages were recovered by police.
1 min
June 12, 2026
The New Indian Express Anantapur
PUBLISHING IN POST-TRUTH WORLD
IN 2014, Penguin Random House India (hereafter, Penguin for convenience) settled out of court with Dinanath Batra, the ageing general secretary of RSS school network Vidya Bharati and founder of an organisation committed to purging Indian education of foreign influences.
3 mins
June 12, 2026
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