IndusInd Bank’s tale of circuits and trouble
After the change of guard at the leading private bank, its stock has witnessed 10 upper and lower circuits in the last five trading sessions.
After the change of guard at the leading private bank, its stock has witnessed 10 upper and lower circuits in the last five trading sessions.
Sumant Kathpalia takes the reins from Romesh Sobti amid a deep economic crisis and market turmoil that compound the challenges IndusInd Bank has been grappling with in the past few quarters.
RBI approved the appointment of Sumant Kathpalia as the private bank’s new MD and CEO on Thursday. He will take over the reins from Romesh Sobti, who retires on March 23.