IndusInd Bank Shortlists 3 Bankers for CEO Role

  Published 11 months ago

IndusInd Bank shortlisted Rajiv Anand, Rahul Shukla, and Anup Saha for CEO amid $230 accounting loss and resignations.

  • Three senior bankers submitted to the RBI for approval after the CEO and deputy resigned over financial missteps.
  • The bank took $230 hit from misaccounted derivatives, prompting a leadership shake-up and regulatory scrutiny.
  • RBI requested replacements by June 30; the board proposes a three-year CEO term to stabilize operations.

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