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.
RBI Approves Reappointment Of V. Vaidyanathan As MD & CEO Of IDFC First Bank
On September 19, the Reserve Bank of India (RBI) granted its approval for the reappointment of V. Vaidyanathan as Managing Director and Chief Executive Officer (MD & CEO) of IDFC First Bank Limited for three years, effective December 19, 2024.
Citibank, Bank of Baroda and Indian Overseas Bank fined by the RBI for non-compliance
The Reserve Bank of India (RBI), the banking regulator, has fined Citibank, Bank of Baroda, and Indian Overseas Bank a total of Rs 10.34 crore on November 24 for not following certain rules.
