BS Banking Annual 2018: In full flow at IndusInd

With Romesh Sobti at the helm, a bank that was an also-ran has become a marquee name

When the Hindujas, the promoters of IndusInd Bank, buzzed Romesh Sobti to take over as its helmsman in late 2008, it hardly had any investor coverage worth the name. A tad over a decade on, it’s among the marquee private banks in the country. And for his steady hand on the IndusInd steering wheel, Sobti is Business Standard Banker of the Year for 2017-18, an honour he is receiving for the second time from the publication after being named Best Banker in 2013-14.

A closer look at the bank’s book is revealing: It’s still largely corporate at 61 per cent —