The Reserve Bank of India has asked IndusInd Bank CEO Sumant Kathpalia and his deputy to step down after significant ...

The bank, headed by Sumant Kathpalia, has appointed external investigators. His deputy, Arun Khurana, also heads the global ...

Following the disclosure of the derivatives portfolio discrepancies, Kathpalia had acknowledged that the RBI had expressed ...

The bank, headed by Sumant Kathpalia, has appointed external investigators. His deputy, Arun Khurana, also heads the global ...

Following the disclosure of the derivatives portfolio discrepancies, Kathpalia had acknowledged that the RBI had expressed ...

The Reserve Bank of India has urged the CEO of IndusInd Bank and his deputy to step down after significant accounting lapses ...

IndusInd Bank denies media reports suggesting the RBI asked its CEO and Deputy CEO to step down due to accounting issues. The ...

IndusInd is India's fifth largest private lender, with a 5.4 trillion rupee ($63 billion) balance sheet. On March 10, the ...

The Mumbai-based lender reported earlier this month that it had discovered an accounting discrepancy in the way it booked ...

RBI’s one-year extension of Kathpalia’s appointment raised eyebrows. Some say it was a strategic move by the RBI to ensure ...