RBI approves reappointment of Sumant Kathpalia as MD, CEO of IndusInd Bank

RBI approves reappointment of Sumant Kathpalia as MD, CEO of IndusInd Bank

Daily Current Affairs   /   RBI approves reappointment of Sumant Kathpalia as MD, CEO of IndusInd Bank

Change Language English Hindi

Category : Appointment/Resignation Published on: March 14 2023

Share on facebook
  • Private lender IndusInd Bank said that the Reserve bank of India had approved the re-appointment of Sumant Kathpalia as management director and chief executive officer of the bank for a further period of 2 years with effect from March 24, 2023.
  • At IndusInd Bank, he has been part of the management team for 15 years ago.
  • Kathpalia’s re-election is effective March 24, 2023. His current term will end on March 23, 2023.
  • Established in 1994 by Srichand P Hinduja, the name ‘IndusInd’ Bank was inspired by the Indus Valley Civilisation.
Recent Post's
  • Since December 2024, Assam Rifles has mapped 42,000 Myanmar nationals entering India temporarily under the Free Movement Regime.

    Read More....
  • Wipro will acquire Samsung’s HARMAN DTS unit for $375 million, bringing over 5,600 employees under its fold by December 2025.

    Read More....
  • Kerala has been declared India’s first fully digitally literate state after the success of the Digi Kerala project.

    Read More....
  • India’s GDP growth for FY26 is projected at 6.3%, slightly lower than RBI’s 6.5% estimate, as per SBI report.

    Read More....
  • Gujarat will host seven international sporting events in Ahmedabad over the next five years, including the Commonwealth Weightlifting Championship 2025.

    Read More....
  • Ravi Narayanan has been appointed as the new CEO of SMFG India Credit, effective August 28, 2025.

    Read More....
  • Manika Vishwakarma from Rajasthan has won Miss Universe India 2025 and will represent India at Miss Universe in Thailand.

    Read More....
  • PNB signed an MoU with CRPF to provide enhanced insurance and welfare benefits under the ‘Rakshak Plus’ scheme.

    Read More....
  • August 22 is observed as International Day for Victims of Religious Violence, as designated by the UN General Assembly.

    Read More....
  • Ethel Caterham, the world’s oldest living person, celebrated her 116th birthday on August 21.

    Read More....