Tag: indusind scandal

An IndusInd Bank branch in Connaught Place in New Delhi. (Bloomberg)
Posted in Business

IndusInd Bank appoints ex-SBI MD Arijit Basu as chairman after Sunil Mehta steps down| Business News

IndusInd Bank Ltd. has appointed former State Bank of India MD Arijit Basu as chairman to replace Sunil Mehta whose term ends in January. An…

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The impact of the IndusInd scandal has dragged on its profitability, leaving the lender’s return metrics well below peers. (Bloomberg)
Posted in Business

IndusInd Bank’s new CEO plans sweeping overhaul after scandal involving old CEO| Business News

IndusInd Bank Ltd. is preparing a sweeping overhaul to boost profitability and cleaning up underperformance, as its new chief executive officer seeks to boost return…

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