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Rajiv Anand to start with fresh and clean slate at IndusInd: Chairman

Business Standard

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August 11, 2025

Rajiv Anand, who has been appointed managing director (MD) and chief executive officer (CEO), IndusInd Bank, has the opportunity to begin with a fresh and clean slate, said Sunil Mehta, chairman, in a message to shareholders of the bank.

- SUBRATA PANDA

Anand will be expected to scale the differentiated franchise of the bank, with a strong ethical foundation, Mehta added.

"I believe the bank has immense potential to deliver sustainable and profitable growth for years to come," Mehta said.

He added that the Board and the management are fully committed to ensuring a smooth leadership transition. Last week, IndusInd Bank appointed Anand as MD and CEO for a period of three years, with effect from August 25, 2025.

Mehta highlighted that in FY26, the bank is focused on ramping up retail liabilities, scaling secured retail and micro, small and medium enterprise (MSME) assets but will be selective in the corporate space.

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