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Business

IndusInd Bank shares decline over 3 pc as CEO Sumant Kathpalia steps down

  • IndusInd Bank's shares fell over 3% following the resignation of its MD and CEO Sumant Kathpalia on 29 April. Kathpalia took moral responsibility for accounting lapses in the derivatives portfolio, causing a Rs 1,960 crore financial impact.

  • 30 Apr, 2025