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Following CEO Sumant Kathpalia's resignation amid derivatives portfolio discrepancies, the RBI has approved IndusInd Bank's interim "committee of executives," including Soumitra Sen and Anil Rao, to manage daily operations. This committee will function under board oversight until a new CEO is appointed or for a maximum of three months.
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The approval of the 3.6bn deal will see the 500-year institution taken over by Daniel Kretinsky's EP Group.
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News and Media
The approval of the 3.6bn deal will see the 500-year institution taken over by Daniel Kretinsky's EP Group.
Category:
News and Media
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