SFIO summons former top executives of IndusInd Bank in accounting probeThe Serious Fraud Investigation Office is investigating IndusInd Bank's accounting irregularities. Key former executives have been summoned...
30 Mar, 2026, 12.43 AM IST
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...
12 Nov, 2025, 12.33 AM IST
Sumant Kathpalia offers Rs 5.2 crore to settle insider trading caseFormer IndusInd Bank CEO Sumant Kathpalia has proposed a ₹5.21 crore settlement to SEBI regarding insider trading allegations. SEBI had bar...
31 Jul, 2025, 06.29 AM IST
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...
01 May, 2025, 12.08 AM IST
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...
30 Apr, 2025, 10.21 AM IST
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 ...
30 Apr, 2025, 08.36 AM IST
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...
13 Mar, 2025, 09.08 AM IST
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...
10 Mar, 2025, 10.05 PM IST
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...
10 Mar, 2025, 03.22 PM IST
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...
08 Mar, 2025, 12.51 AM IST
IndusInd Bank may not use the contingency provision, but it is prudent to provide for bad times: Sumant KathpaliaSumant Kathpalia, MD & CEO of IndusInd Bank, emphasizes balance sheet stability over growth amid disappointing quarterly results. The bank ...
25 Oct, 2024, 12.13 PM IST
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 ...
19 May, 2021, 04.08 PM IST
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...
03 Nov, 2020, 12.07 AM IST
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.
18 Apr, 2020, 05.10 PM IST
IndusInd Bank shares tank 30% as Romesh Sobti retires as MD & CEOSumant Kathpalia will take over the reins from the veteran banker.
24 Mar, 2020, 10.37 AM IST
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...
27 Feb, 2020, 09.59 PM IST
IndusInd Bank finalises Sumant Kathpalia as new MD & CEOThe 55-year-old Kathpalia has been with the bank since 2008 and is credited with building consumer loans portfolio from scratch, as part of...
01 Nov, 2019, 09.28 PM IST