IndusInd Bank faces strategic uncertainty amid CEO transition, net worth drop

IndusInd Bank faces strategic uncertainty amid CEO transition, net worth drop - ETCFO

IndusInd Bank‘s near-term outlook remains clouded by strategic uncertainty following the Reserve Bank of India‘s (RBI) decision to approve only a one-year tenure extension for its incumbent Managing Director and CEO, Sumant Kathpalia. The move contrasts with the bank’s board recommendation for a three-year term, raising concerns over a potential leadership transition and its impact … Read more