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IndusInd Bank hits fresh 3-year low after clarification on new CEO

In the past two months, IndusInd Bank has plunged 28 per cent at the bouses on account of the risk of further asset quality deterioration. In comparison, the S&P BSE Sensex has gained 5 per cent

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IndusInd Bank

3 min read Last Updated : Feb 27 2020 | 3:00 PM IST

Shares of IndusInd Bank have slipped 3 per cent to Rs 1,102 on the BSE on Thursday after the private sector said that the speculation around the name of Rajiv Sabharwal of Tata Capital as a contender for the bank’s top position is completely untrue.

IndusInd Bank was trading at its lowest level since January 4, 2017. The stock has fallen below its previous low of Rs 1,109 touched on Tuesday, February 18, 2020.

A Business Standard today reported that IndusInd Bank is considering Rajiv Sabharwal of Tata Capital as a probable candidate for the post of managing

Topics : IndusInd Bank

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