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News Topical, Digital Desk : Indusind Bank News: After the market closed, big news has come about INDUSIND BANK. The bank has informed in the filing that Managing Editor and Chief Executive Officer (MD & CEO) Sumant Kathpalia has resigned from his post. He has taken this step by taking moral responsibility for the irregularities in the derivative account.

The bank has also sought approval from the Reserve Bank of India (RBI) to form an executive committee so that there is stability in the management and further action can be taken smoothly. This development is being seen as a big stir in the banking sector, as Kathpalia was associated with the bank for a long time and under his leadership the bank had achieved many achievements. The bank is now in the process of looking for new leadership and forming an executive committee.


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