Arijit Basu Appointed As Part-Time Chairman Of IndusInd Bank

IndusInd Bank has appointed Arijit Basu as Part-Time Chairman following approval from shareholders on March 27, 2026.

Basu has held roles in the banking sector, including Managing Director (MD) at State Bank of India (SBI). He has also served as Chairman of HDB Financial Services and held positions at SBI Life Insurance. He is an Independent Director at Prudential plc, Peerless Hospitex, Hospital Research Centre, and CleanMax Enviro Energy Solutions. He is also a Senior Advisor to Ares Management Corporation and a Member of the Advisory Board of Razorpay. Basu holds a master’s degree in arts from the University of Delhi and has completed the Certified Associate course of the Indian Institute of Banking and Finance.

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