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IndusInd Bank

Indian private sector bank

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IndusInd Bank Limited is an Indian banking and financial services company based in Mumbai. It was established in April 1994 and promoted by the Hinduja Group.

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IndusInd Bank CEO resigns taking blame for accounting irregularities after RBI flags lapses, says 'I undertake moral..'

IndusInd Bank CEO Sumant Kathpalia and Deputy CEO Arun Khurana resigned after an internal derivatives accounting lapse, prompting RBI intervention and raising concerns over governance.
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