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SUMANTH KATHPALIA
More trouble at IndusInd Bank, ex-CFO seeks removal of board chairmanIn a letter to the Prime Minister dated August 26, a copy reviewed by ET, former CFO of IndusInd Bank claimed that he uncovered serious iss...- IndusInd Bank to raise Rs 30,000 crore through equity and debt instrumentsIndusInd Bank's board has approved raising up to Rs 30,000 crore through equity and debt instruments. The RBI has allowed the Hinduja Group...
- Insider Trading: Sebi says ex-CEO Sumant Kathpalia, others sold IndusInd Bank shares before derivative losses went public, bars them from tradingSebi has issued an interim order against five senior executives of IndusInd Bank, including its former CEO, for alleged insider trading. Th...
- IndusInd Bank executives traded shares before accounting disclosure, forensic review by GT showsA forensic review revealed that two IndusInd Bank executives traded shares while aware of undisclosed accounting irregularities, potentiall...
- PwC wraps up IndusInd Bank’s accounting review; forensic probe by Grant Thornton underwayPwC has concluded its accounting review of IndusInd Bank's derivatives portfolio, submitting draft findings to management amidst discrepanc...
- Stay with stocks, Nifty at 19,000 soon; time to own both IndusInd and HDFC Bank: Sanjiv BhasinIIFL Securities' Sanjiv Bhasin recommends owning both IndusInd and HDFC Bank because of their strong return on equity, return on capital, a...
- IndusInd Bank Q4 net profit falls 16% YoY to Rs 302 crore: Key takeawaysThe net interest income (NII) increased 44.62 per cent on a yearly basis to Rs 3,211.19 crore.
- 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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