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RBI Set to Clear Name of IndusInd CEO Soon
The Morning Standard
|July 12, 2025
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.
Diese Geschichte stammt aus der July 12, 2025-Ausgabe von The Morning Standard.
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