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CEO SUMANT KATHPALIA
IndusInd Bank shares fall 3% after fresh whistleblower complaint reaches PMO, RBIIndusInd Bank shares fell on Wednesday after a fresh whistleblower complaint was sent to the Prime Minister’s Office, RBI, and other regula...- IndusInd's ex-CFO files Rs 70-cr suit over wrongful terminationFormer IndusInd Bank CFO Gobind Jain has filed a ₹70-crore lawsuit against the bank in the Bombay High Court, alleging wrongful termination...
- SFIO widens probe into IndusInd Bank; summons audit firms over ₹2,000 crore derivatives irregularitiesThe Serious Fraud Investigation Office is investigating IndusInd Bank's derivatives portfolio. Major audit firms associated with the bank o...
- IndusInd Bank may put former execs in the dock, claw back bonusesThe Reserve Bank of India's (RBI) November 2019 guidelines on the compensation of key managerial personnel direct banks to establish a claw...
- Former IndusInd Bank deputy pays 50% of alleged insider trading gains to SebiIndusInd Bank's former deputy chief has deposited 50% of the alleged insider trading gains with India's markets regulator, BSE said on Frid...
- IndusInd Bank shares in focus as internal audit probes new accounting irregularitiesIndusInd Bank shares: A whistle-blower letter sent to the Reserve Bank of India and IndusInd Bank’s board just days before the RBI granted ...
- Panel to run IndusInd Bank till new CEO logs inFollowing CEO Sumant Kathpalia's resignation amid derivatives portfolio discrepancies, the RBI has approved IndusInd Bank's interim "commit...
- All about Sumant Kathpalia, who resigned from IndusInd Bank amid derivatives discrepancies rowSumant Kathpalia, IndusInd Bank's MD and CEO, resigned amidst a derivatives portfolio controversy. The resignation follows the bank's discl...
- RBI approves executive committee to oversee IndusInd Bank operations following CEO Sumant Kathpalia's exitThe Reserve Bank of India has approved an interim executive committee to manage IndusInd Bank in the absence of its CEO. Senior executives ...
- IndusInd Bank goes for 'comprehensive' forensic audit"The scope of this new investigation is much wider and deeper, covering the entire bank, and will also address any lapses in accounting, in...
- IndusInd's top two executives sold Rs 157 crore of shares in 2023, 2024According to BSE insider trading data, Kathpalia sold nearly 950,000 shares valued at ₹134 crore between May 24, 2023, and June 25, 2024, w...
- IndusInd faces Rs 2,000-crore net worth hit over derivative discrepanciesThis anticipated erosion in net worth, which the lender estimated at 2.35% of the total, follows Monday's disclosures on discrepancies in d...
- IndusInd Bank’s networth could erode by Rs 1,577 crore following adverse disclosuresIndusInd Bank anticipates a Rs 1,577 crore reduction in net worth due to derivatives discrepancies. The bank has enlisted an external audit...
- RBI's one-year extension for IndusInd Bank CEO raises concerns over governance: AnalystsConcerns have arisen over the RBI's decision to extend IndusInd Bank CEO Sumant Kathpalia's tenure by just one year. This move raises gover...
- RBI allows IndusInd CEO one year extension instead of usual threeThe Reserve Bank of India has approved a one-year extension for Sumant Kathpalia as CEO of IndusInd Bank, extending his term until March 23...
- IndusInd Bank MD plans to sell some ESOP shares to settle loansIndusInd Bank MD and CEO Sumant Kathpalia plans to sell some shares of IndusInd Bank held by him through exercise of the previous employee ...
- Rural is the next frontier: Sumant Kathpalia, CEO of IndusInd BankNo talks with Kotak on merger and we are looking to target niche areas like SME funding, affordable housing, asserts the CEO of IndusInd Ba...
- IndusInd CEO Sumant Kathpalia rejigs top management, appoints deputy CEOKathpalia has elevated Arun Khurana, head global markets and treasury of the bank, to deputy CEO.
- IndusInd Bank shares tank 30% as Romesh Sobti retires as MD & CEOSumant Kathpalia will take over the reins from the veteran banker.
- IndusInd Bank names Sumant Kathpalia as CEOBased in New Delhi at present, Kathpalia used to head the consumer loans vertical at ABN Amro Bank, and had joined with Sobti and others wh...
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