IndusInd Bank Re-appoints Sumant Kathpalia as Managing Director and Chief Executive Officer
The Board of Directors of IndusInd Bank Limited on September 27, 2024, has considered and approved the reappointment of Sumant Kathpalia as the Managing Director (MD) and Chief Executive Officer (CEO) for three years, with effect from March 24, 2025.
L&T converts a $150 million term loan into a Sustainability Linked Loan (SLL)
A $150 million term loan to Larsen and Toubro Limited (L&T) from Bank of America has been converted to a Sustainability Linked Loan (SLL).