The private sector lender names new leaders across audit, finance, marketing, and transformation roles under MD & CEO Rajiv Anand to drive growth and governance
The private sector lender is also looking to enhance productivity through innovations in areas such as fintech
IndusInd Bank shares fell after it reported a sequential decline in both advances and deposits for the quarter ended September 30, 2025
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McLeod Russel CMD Aditya Khaitan said the company is working with NARCL on a debt resolution plan after lenders transferred loans, with hopes of restructuring in the next quarter
IndusInd Bank has appointed Viral Damania as CFO and KMP with effect from September 22, while Santosh Kumar will continue as Deputy CFO after ceasing additional duties
Damania's appointment, effective September 22, comes after the bank late last month said veteran banker Rajiv Anand had taken charge as its CEO for a three-year period
IndusInd Bank, PG Electroplast, Five-Star Business, Cohance Lifesciences and Praj Industries have shed 20% in the last 7 months, while the Nifty and Nifty 500 have rallied up to 18%, shows data.
IndusInd Bank has rejected allegations made by its former CFO, Gobind Jain, against Chairman Sunil Mehta, calling the claims meritless and part of an attempt to deflect accountability
CEO Rajiv Anand has asked division heads to identify lapses in their businesses and submit improvement plans as part of a new three-year roadmap
IndusInd Bank shareholders voted against a promoter resolution seeking to appoint two nominee directors, even as they approved Rajiv Anand's appointment as MD & CEO
Anand, whose appointment was announced earlier this month, was previously deputy managing director at Axis Bank and held key management positions at leading global financial institutions
IndiGo and Hero MotoCorp seem to be favourably placed on the charts; while IndusInd Bank continues to display a weak bias. Here are the key levels to track on these 4 stocks.
IndiGo and Max Healthcare are likely to see inflows of approximately $507 million and $423 million, respectively.
Anand will be expected to scale the differentiated franchise of the bank, with a strong ethical foundation, Mehta added
The developments at IndusInd Bank have led RBI's senior supervisory managers (SSMs) to take a closer look at bank boards, including the agenda presented, the time spent discussing specific items
Consolidation of balance sheet likely to top Rajiv Anand's agenda at the bank
Stocks to Watch today, August 5, 2025: DLF, Aurobindo Pharma, IndusInd Bank, Bosch, and Inox India are some of the key stocks to watch today
Kotak Securities said Rajiv Anand's appointment helps ease concerns and marks a step toward restoring confidence in IndusInd Bank
Rajiv Anand has been appointed as the MD&CEO of IndusInd Bank for a 3-year term, effective from August 25, 2025, following the resignation of Sumant Kathpalia