Who is Arijit Basu? IndusInd names ex-SBI MD as Chairman after Sunil Mehta steps down

IndusInd Bank's shares fell 10% in 2025, the worst on the Nifty private bank index. Following leadership changes, Arijit Basu was appointed Chairman. The bank reported a significant quarterly loss attributed to increased provisioning and governance issues.

Who is Arijit Basu? IndusInd names ex-SBI MD as Chairman after Sunil Mehta steps down
IndusInd Bank's shares fell 10% in 2025, the worst on the Nifty private bank index. Following leadership changes, Arijit Basu was appointed Chairman. The bank reported a significant quarterly loss attributed to increased provisioning and governance issues.

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