30/4/2025, 8:36:02 am

IndusInd Bank shares in focus after CEO quits

IndusInd Bank CEO Sumanth Kathpalia resigned, taking "moral responsibility" amid derivative accounting discrepancies, a day after Deputy CEO Arun Khurana quit. The bank has formed an executive committee, led by Soumitra Sen and Anil Rao, to manage operations temporarily. Shares have recovered over 40% from recent lows, closing 0.8% higher at ₹837.5.