India's IndusInd Bank sends CEO shortlist to central bank for approval, sources say
- Posted on June 30, 2025
- By Yahoo News
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India's IndusInd Bank sends CEO shortlist to central bank for approval, sources say
MUMBAI (Reuters) -India's IndusInd Bank has shortlisted three senior bankers - Rajiv Anand, Rahul Shukla, and Anup Saha - for the position of CEO and submitted their names to the central bank for approval, two sources told Reuters. IndusInd Bank took a $230 million hit in the year ended March 31 due to years of misaccounting of internal derivative trades, prompting the resignations of CEO Sumant Kathpalia and deputy Arun Khurana in April. The Reserve Bank of India (RBI), which has the final say in top appointments at banks, had asked for names of potential replacements by June 30.