Shares of IndusInd Bank dropped by 5.4% following the RBI's decision to grant CEO Sumant Kathpalia only a one-year extension.

The Reserve Bank of India (RBI) granted CEO Sumant Kathpalia a one-year extension, instead of the three-year term requested by the banks board. Brokerages responded with a mix of target price ...

IndusInd Bank faces uncertainty as RBI shortens CEO’s tenure, citing governance issues, while a potential Nippon Life stake ...

IndusInd Bank shares today are trading at Rs.906.25, down Rs.30.50 (3.26%) as of the latest session. Over the past five days, ...

Foreign brokerages UBS and BofA Securities have downgraded IndusInd Bank shares, while Jefferies and Citi have retained "buy" ...

While IndusInd Bank’s performance has been noteworthy under MD and CEO Sumant Kathpalia, RBI has allowed only a year's extension against the lender's recommendation for three more years.

IndusInd Bank reported a 16 per cent year-on-year (YoY) rise in net profit to Rs 1,850 crore in Q3 FY2024, while total income ...

IndusInd Bank shares drop 6% as RBI approves shorter CEO tenure, raising leadership transition risks and business uncertainty ...

The RBI approved the re-appointment of Sumant Kathpalia for one year. IndusInd Bank had sought approval for his position for ...

IndusInd Bank is facing a wave of downgrades and target price cuts from global brokerage firms after the Reserve Bank of ...

On the bourses, IndusInd Bank shares have tanked about 8 per cent in the last five trading sessions, 15 per cent in the past ...

The sell-off came after the Reserve Bank of India (RBI) approved only a one-year extension for CEO Sumant Kathpalia, despite ...