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Saturday, March 28, 2026
TopicIndusInd Bank

Topic: IndusInd Bank

Why is RBI pushing IndusInd Bank to find a new CEO? Latest crisis isn’t the only clue

RBI’s one-year extension of Kathpalia’s appointment raised eyebrows. Some say it was a strategic move by the RBI to ensure the bank had time to find an adequate replacement.

IndusInd bank shares plunge over 22% after forex accounting discrepancy, weak controls flagged

The bank flagged a 2.35% hit to its net worth, around Rs 15-20 billion, as of December 2024 due to an underestimation of hedging costs with regard to some past forex transactions.

Zee Entertainment, IndusInd Bank settle dispute over loan default paving way for Sony merger

IndusInd Bank, on Wednesday, told the NCLT that it would also withdraw its objection to Zee Entertainment's merger with a local unit of Japan's Sony.

How IndusInd personal loan can assist you with unmanaged expenses

From debts to planning the dream wedding, IndusInd Bank offers personal loans at attractive interest rates to make sure that one does not compromise on important things in life.

Indus Senior Savings Account offers senior citizens a seamless banking experience

From pick-up facilities to high rates on fixed deposits, IndusInd Bank's new savings account has been crafted keeping the needs and welfare of senior citizens in mind.

Kotak Mahindra Bank is exploring taking over IndusInd Bank

IndusInd, however, denied any sale talks, calling it a rumour. It said the bank’s founders reiterate their full support 'now and always'.

Hinduja brothers are fighting over a letter that divides the family’s $11 billion fortune

A 2014 letter says that the assets held by one Hinduja brother belong to all, and that each man will appoint the others as their executors.

Indiabulls, Lakshmi Vilas Bank merger rejection fans new contagion risks

Indian taxpayers have already shouldered burden of a Rs 14 lakh crore bad loan problem at conventional banks. They can’t foot the bill again.

We have turned the corner on NBFC & real estate crises, IndusInd Bank CEO Sobti says

IndusInd joins Axis Bank & Edelweiss Financial Services in predicting that the Indian financial sector’s woes will ease soon.

IndusInd Bank bets on acquisition of India’s top micro financier to add to 1,500% growth

IndusInd’s purchase of Bharat Financial Inclusion will help it to ‘move the needle’ on profitability parameters, CEO Romesh Sobti says.

On Camera

Chiraiya shows marital rape is structural—it is embedded in India’s legal framework

Chiraiya, streaming on JioHostar, confronts consent within marriage. It stars Divya Dutta, Siddharth Shaw and Prasanna Bisht.

Drug regulator calls on Indian pharma to move beyond generics, address dependence on bulk imports

Advice comes at a time when India accounts for a 5th of global generic drug supply & 40% of generics used in US. However, this strength in finished formulations relies on imported ingredients.

1st batch of 2,000 India-made Israeli Negev LMGs delivered to Army; 4,000 more to be delivered this year

The Indian Army is set to get another 4,000 of these LMGs as part of a contract signed in August 2024 to replace the 5.56x45mm INSAS LMG.

Gulf war exposed India’s fragilities. It’s time for navel-gazing, in the national interest

It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.