Facebook Pixel IndusInd's New CEO Seeks to Cut Risks in Revamp | Mint Hyderabad - newspaper - Lee esta historia en Magzter.com
Vuélvete ilimitado con Magzter GOLD

Vuélvete ilimitado con Magzter GOLD

Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo

$149.99
 
$74.99/Año

Intentar ORO - Gratis

IndusInd's New CEO Seeks to Cut Risks in Revamp

Mint Hyderabad

|

September 05, 2025

Anand Has Asked Division Heads to Flag Lapses and Submit Improvement Plans for a New Three-Year Plan

- Bloomberg

IndusInd Bank Ltd's new chief is moving quickly to reduce risks on its loan book, according to people familiar with the matter, as he seeks to restore investor confidence after a series of governance lapses at the Indian lender.

In recent one-on-one meetings, chief executive officer Rajiv Anand has asked division heads to identify lapses in their businesses and submit improvement plans as part of a new three-year roadmap to revitalize the Mumbai-based lender, the people said, asking not to be identified as the discussions are private.

It's also seeking to diversify the bank's loan book and reduce reliance on large deposits, they said.

MÁS HISTORIAS DE Mint Hyderabad

Mint Hyderabad

MakeMyTrip hiring banks for India IPO

MakeMyTrip Ltd, an online travel platform listed on the Nasdaq, is considering a listing in Mumbai, people familiar with the matter said.

time to read

1 min

April 30, 2026

Mint Hyderabad

Mint Hyderabad

Decoding Sebi’s broker net worth plan

The Securities and Exchange Board of India (Sebi) has proposed changes to the way variable net worth is calculated for stockbrokers.

time to read

2 mins

April 30, 2026

Mint Hyderabad

Mint Hyderabad

The 0.01 trap: India's GDP must not remain aloof from its people

We face a structural crisis in the collapse of formal job elasticity. Rapid economic growth must spell better lives for everyone

time to read

4 mins

April 30, 2026

Mint Hyderabad

Why rate cuts don't benefit every home loan borrower

Many lenders adjust loan tenure instead of EMIs, quietly increasing the total interest paid

time to read

4 mins

April 30, 2026

Mint Hyderabad

Piramal Pharma bets big on complex therapies

India’s Piramal Pharma hopes to accelerate earnings growth over the next two to three years, led by rising demand for complex drugs, including targeted cancer therapies, a top executive said on Wednesday.

time to read

1 min

April 30, 2026

Mint Hyderabad

Mint Hyderabad

Servify scouts for acquisitions ahead of filing for IPO

Smartphone care and warranty provider Servify is looking to close a string of acquisitions to expand its service categories before it files papers for a public listing.

time to read

1 mins

April 30, 2026

Mint Hyderabad

Mint Hyderabad

Vedanta FY26 earnings tops estimates ahead of its split

Vedanta reported FY26 revenue of ₹1.74 trillion, up 15.8% year-on-year, beating estimates

time to read

3 mins

April 30, 2026

Mint Hyderabad

Centre plans ring roads, elevated corridors to unclog urban India

The Union road transport and highways ministry is recalibrating its highbuilding strategy to focus on decongesting urban India, with plans to prioritize ring roads and bypass corridors around nearly 50 cities with populations exceeding one million, two people aware of the development said.

time to read

2 mins

April 30, 2026

Mint Hyderabad

Canada nod for DRL's GLP-1 shot

Dr Reddy's Laboratories (DRL) on Wednesday said it has received a notice of compliance (NoC) from Health Canada for its generic semaglutide injection indicated for the management of type-2 diabetes.

time to read

1 min

April 30, 2026

Mint Hyderabad

Mint Hyderabad

The UAE’s departure from OPEC may not break the cartel

WHEN THE Organisation of the Petroleum Exporting Countries (OPEC) meets on April 29th, the club will be contemplating the departure of one of its longest-standing members.

time to read

3 mins

April 30, 2026

Listen

Translate

Share

-
+

Change font size