Prøve GULL - Gratis
IndusInd Bank MD & CEO resigns
The New Indian Express Mangaluru
|April 30, 2025
IN a major development, Sumant Kathpalia, managing director & CEO of crisis-hit IndusInd Bank quit from his position on Tuesday.
In his resignation letter submitted to the board, Kapthalia took the moral responsibility for the derivative losses incurred by the bank.
Kapthalia, who was given only an extension of one year by the regulator instead of three after the crisis came to light, ceases to be MD and CEO of the bank from the closing hours of Tuesday. Kathpalia had been part of the core leadership team and joined the bank 12 years ago. His resignation comes a day after Arun Khurana, whole-time director and deputy CEO stepped down from his position. Kapthalia had admitted in analysts' call that RBI was uncomfortable with his leadership skills.
Denne historien er fra April 30, 2025-utgaven av The New Indian Express Mangaluru.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The New Indian Express Mangaluru
The New Indian Express Mangaluru
BJP steps up attack on Didi over SIR remarks, accuses her of ‘inciting riots’ in state
A day after West Bengal Chief Minister Mamata Banerjee made a strong remark against the proposed Special Intensive Revision (SIR) of the electoral rolls, the BJP on Friday accused the CM of threatening that the state would face \"riots and violence\" if the Election Commission (EC) proceeds with the exercise.
1 min
October 11, 2025
The New Indian Express Mangaluru
10 MP cops suspended over hawala money
TEN police personnel, including a woman sub-divisional police officer (SDPO), have been suspended for allegedly misappropriating ₹1.5 crore out of the ₹2.96 crore suspected hawala money in MP's Seoni district, officials said on Friday.
1 min
October 11, 2025
The New Indian Express Mangaluru
TTK Prestige promoter TT Jagannathan dies at 77
TT Jagannathan (TTJ), chairman emeritus of kitchen appliance maker TTK Prestige Ltd, passed away in Bengaluru late on Thursday at 77.
1 min
October 11, 2025
The New Indian Express Mangaluru
NC announces candidates for 3 of 4 Rajya Sabha seats, leaves 1 for Cong
IN a key political move, three-time former Jammu and Kashmir Chief Minister and National Conference (NC) president Farooq Abdullah will stay rooted in Jammu and Kashmir politics and not move to the national stage.
1 mins
October 11, 2025
The New Indian Express Mangaluru
Gig industry faces attrition amid increase in demand
EVEN as job openings in the gig and temporary staffing sectors have surged 15-20% yearon-year during the ongoing festive season, manpower supply has failed to keep pace.
2 mins
October 11, 2025
The New Indian Express Mangaluru
Hockey stars get rare chess lesson
INDIA'S Olympic medal-winning hockey players swapped their sticks for chess sets as all of them were given an introductory class on the basics of the board game in a first-of-itskind initiative by chief coach Craig Fulton.
1 mins
October 11, 2025
The New Indian Express Mangaluru
Potters race against time amid supply crunch
Dehradun's bustling Kumhar Mandi
2 mins
October 11, 2025
The New Indian Express Mangaluru
An archetypal Jaiswal's innings
CLOSE your eyes and imagine an archetypal Yashasvi Jaiswal innings in red-ball cricket.
3 mins
October 11, 2025
The New Indian Express Mangaluru
AVOID ENGAGING TEACHERS ON EXTENDED GOVT TASKS
THE Karnataka government's Socio Economic and Educational survey in progress across the state has deprioritised education.
1 mins
October 11, 2025
The New Indian Express Mangaluru
Haryana SIT formed to probe cop’s death, DGP named as accused in FIR
THE Chandigarh Police on Friday constituted a six-member Special Investigation Team (SIT) to probe the FIR registered in connection with the 'suicide' of Haryana IPS officer Y Puran Kumar.
1 min
October 11, 2025
Listen
Translate
Change font size