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SUMANT KATHPALIA NEWS
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...- 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...
- IndusInd Bank shares in focus after Sebi bans former executives in insider trading caseIndusInd Bank shares come under the spotlight after Sebi barred five former senior executives, including ex-CEO Sumant Kathpalia, for alleg...
- Sebi bans former IndusInd executives over insider trading allegationsSebi has barred former IndusInd Bank executives, including the CEO, from trading due to alleged insider trading. They are accused of tradin...
- 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 ...
- Market has priced in pain; fresh leadership could drive IndusInd's rebuilding phase: Rahul MalaniI do not see any major negative reaction today. If there is this thing, then it should be a tactical idea to nimble in the stock because ti...
- 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...
- IndusInd Bank shares tumble 3% after management shakeoutIndusInd Bank faces a leadership crisis as MD & CEO Sumant Kathpalia resigns following accounting discrepancies in its derivatives portfoli...
- IndusInd Bank CEO Sumant Kathpalia quits after derivatives discrepancies rowSumant Kathpalia resigned as MD and CEO of IndusInd Bank. This follows Arun Khurana's departure and RBI concerns. An investigation revealed...
- IndusInd Bank shares jump 6% after lower-than-expected impact flagged in audit of derivatives portfolioIn a post-market filing on Tuesday, IndusInd Bank disclosed that it had received a report from an external agency. This follows the bank’s ...
- IndusInd Bank shares gain 2% as Ashok Hinduja rules out fresh capital raise, hints at promoter stake hikeIndusInd Bank share price: IndusInd Bank shares rose after Ashok Hinduja, Chairman of IndusInd International Holdings Ltd, stated that the ...
- IndusInd Bank shares surge nearly 6% after RBI’s reassurance to depositorsIndusInd Bank share price: IndusInd Bank shares spiked nearly 6% after the RBI confirmed the bank's solid financial position, including a C...
- Bank shares plunge 6%, more weakness likelyIn the past one month, the stock has plunged over 15% while Bank Nifty fell 3.53% in the same period. ICICI Securities downgraded IndusInd ...
- 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...
- Stocks in news: Gensol Engineering, HCL Tech, Tata Power, NMDC, IndusInd BankTata Power's arm Tata Power Renewable Energy has signed a memorandum of understanding (MoU) with the government of Andhra Pradesh to collab...
- Stocks in news: BEL, L&T, PNB, Nuvama Wealth, IDFC, IndusInd BankFabless chip company L&T Semiconductor Technologies expects manufacturing of semiconductor products designed by it to start in the next two...
- IndusInd Bank sheds 3% as MD admits to procedural lapses in MFI lendingEarlier in the quarter, the bank faced allegations of loan ever-greening in the microfinance business it carries out through Bharat Financi...
- ET Financial Inclusion Summit: Taking digital banking to rural IndiaThe rising prosperity in villages due to buoyant farm economy, diversified economic activities, rise of services businesses and the explosi...
- IndusInd Bank shares tank 30% as Romesh Sobti retires as MD & CEOSumant Kathpalia will take over the reins from the veteran banker.
- Kathpalia faces multiple challenges as IndusInd CEOTransition from retail banking to managing a bank with 46% of its loans in corporate or commercial banking will be Kathpalia’s number one c...
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