Hero Realty raises Rs 1,200 crore debt from IndusInd Bank to fuel expansion plansHero Realty secures Rs 1,200 crore debt from IndusInd Bank. A Rs 1,000 crore platform is established with HDFC Capital Advisors for housing...
08 May, 2026, 12.11 PM IST
Jefferies blames HDFC Bank controversy for impacting banking sector valuationsJefferies said the leadership uncertainty at HDFC Bank has become a major overhang for the banking sector, dragging benchmark valuations de...
08 May, 2026, 11.23 AM IST
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...
05 May, 2026, 06.15 AM IST
IndusInd Bank back in black for Q4 with Rs 594 cr profit; provisions, slippages fallIn a remarkable financial turnaround, IndusInd Bank reported a net profit of ₹594 crore for the quarter ending March 2026. This surge was l...
25 Apr, 2026, 09.52 AM IST
IndusInd Bank Q4 Results: Lender reports profit of Rs 533 cr vs loss year ago; declares Rs 1.5/share final dividendIndusInd Bank Q4 Results: IndusInd Bank has announced a significant turnaround, posting a standalone net profit of Rs 533 crore in the four...
24 Apr, 2026, 05.16 PM IST
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...
23 Apr, 2026, 03.25 PM IST
Former SBI MD Arijit Basu appointed part-time chairman of IndusInd BankArijit Basu is the new part-time chairman of IndusInd Bank. Shareholders have approved his appointment. Basu has a strong background in ban...
27 Mar, 2026, 08.54 PM IST
Ex-IndusInd Bank Dy CEO faces EOW probe over Rs 1,960 crore accounting lapse: ReportThe Economic Offences Wing has launched a preliminary inquiry into alleged accounting irregularities at IndusInd Bank. This investigation c...
13 Aug, 2025, 01.37 PM IST
Rajiv Anand’s hot seat at IndusInd comes with a ₹2,000-cr blunder clean-up challengeIndusInd Bank appoints Rajiv Anand as MD & CEO amidst a crisis following a significant accounting lapse. Anand's appointment, approved by t...
06 Aug, 2025, 02.33 PM IST
Enforcing stringent cost management strategies: IndusInd Bank Chairman Sunil MehtaThe private sector lender reported a significant 72% drop in consolidated net profit for the June quarter, plummeting to Rs 604 crore. Chai...
28 Jul, 2025, 10.16 PM IST
ICICI Prudential refutes report linking MD & CEO to IndusInd Bank top jobICICI Prudential Life Insurance has refuted a media report that suggested its MD & CEO was being considered for the top position at IndusIn...
04 Jul, 2025, 06.57 PM IST
IndusInd Bank constitutes committee of executives to run bank following CEO's resignationFollowing CEO Sumant Kathpalia's resignation over a Rs 1,960 crore derivatives portfolio accounting lapse, IndusInd Bank's board has formed...
30 Apr, 2025, 01.13 PM 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
'Factually incorrect': IndusInd Bank refutes media report on CEO, deputy stepping down after accounting lapsesIndusInd Bank denies media reports suggesting the RBI asked its CEO and Deputy CEO to step down due to accounting issues. The bank, which r...
21 Mar, 2025, 09.05 PM IST
IndusInd Bank CEO, deputy to exit within months after accounting lapses, sources sayThe Reserve Bank of India has asked IndusInd Bank CEO Sumant Kathpalia and his deputy to step down after significant accounting errors were...
21 Mar, 2025, 09.03 PM IST
RBI tells IndusInd Bank board to suggest external candidates for CEO & COO positionThe RBI has requested IndusInd Bank to propose two external candidates for CEO and COO roles following a one-year extension for Sumant Kath...
12 Mar, 2025, 01.45 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