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Sunday, March 8, 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

A ship attack has shaken Asia’s faith in the US

Why should the US care? Because in the end, as its wrangle with Britain this week should have reminded them, America still needs bases, friendly ports, & overfly rights.

Amid the new war in Middle East, ‘God’ surfaces in oil and commodities contracts

Multiple companies have invoked the principle of ‘force majeure’, which lets a party off the hook in case of unforeseen ‘acts of God’, to avoid penalties.

Iranian naval ship Lavan with crew of 184 docked in Kochi same day US torpedoed IRIS Dena

IRIS Lavan was in the region for the International Fleet Review held last month and ‘sought urgent docking in Kochi citing technical issues,’ it is learnt.

Trump brings the Age of Humiliation for friends. Modi needs stoicism abroad, humility at home

Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.