IndusInd Bank, RBI

RBI tells IndusInd Bank board to suggest external candidates for CEO & COO position
The RBI has requested IndusInd Bank to propose two external candidates for CEO and COO roles following a one-year extension for Sumant Kathpalia's tenure, now ending in March 2026. Kathpalia acknowledged RBI's reservations about his leadership.
IndusInd Bank CEO Kathpalia says RBI may be ‘uncomfortable’ with his leadership skills
IndusInd Bank CEO addressed concerns about discrepancies in the bank’s internal review of accounts related to its derivatives portfolio.
IndusInd Bank's shares slide; CEO says quarterly profit on track despite accounting gaps
By Siddhi Nayak and Nandan Mandayam (Reuters) -Indian private lender IndusInd Bank will report a profit for the fourth quarter and the full financial year 2025, its CEO told CNBC-TV18 on Tuesday, after discrepancies in its derivatives accounts sent its shares tumbling.
IndusInd Bank to see profit in Q4 even after derivatives losses: MD & CEO Sumant Kathpalia
IndusInd Bank CEO Sumant Kathpalia assured profitability in Q4FY25 despite derivative losses. He confirmed the bank's Capital Adequacy Ratio will stay above 15% and stated losses will be absorbed through P&L.
IndusInd Bank share price falls to a one-year low after RBI grants CEO only a single-year extension
This is the second consecutive time that the RBI approved a shorter tenure for Kathpalia than what the board proposed.
India's IndusInd Bank slumps over 22% as accounting gap raises earnings concerns
By Nandan Mandayam and Siddhi Nayak (Reuters) -Shares of Indian private lender IndusInd Bank fell more than 22% to an over four-year low on Tuesday, a day after it reported discrepancies in accounting related to forex derivatives that could lead to a one-time hit to earnings.
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RBI May Prefer Public Sector Banker To Lead IndusInd Bank
The Reserve Bank of India (RBI) may favour appointing a public sector banker as the next head of IndusInd Bank, following its ...
RBI may prefer a public sector banker to helm IndusInd Bank, going by recent appointment trend in private sector banks
RBI may prefer public sector banker to replace IndusInd Bank CEO amid concerns over balance sheet and leadership.
Mint Explainer: How IndusInd Bank slipped up on foreign currency hedging
IndusInd Bank disclosed discrepancies in accounting for foreign currency derivative trades over a period of five to seven ...
India central bank probing banks' derivatives books amid IndusInd fallout, sources say
India's central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank ...
It seems IndusInd Bank cannot catch a break from bad news
Bank faces challenges with microfinance crisis, CFO exit, and CEO tenure extension, leading to 40% stock price drop.
IndusInd Bank fallout compels RBI to begin industry-wide review of derivative books
The Reserve Bank of India has asked lenders for details of their overseas borrowings and deposits as well as their forex ...
IndusInd Bank stock: 'IndusInd Bank will see profit in Q4 FY25,' CEO Sumant Kathpalia after losing 27% in one day
On Tuesday, March 11, shares of IndusInd Bank Ltd., experienced a significant drop of 27%. The stock hit a 52-week low of Rs ...
IndusInd Bank Hit By Rs 2,100 Crore Accounting Lapse, Shares Tank 27%
IndusInd Bank on Tuesday addressed the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves ...
Derivatives debacle: IndusInd Bank stock crumbles, investors panic
Interestingly, the fall in the lender’s share value saw bargain hunters also making merry, picking up the stock cheap for ...