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Rs 2,000 Crore Loss Fallout: IndusInd Bank Pursues Former Leadership for Bonus and Salary Clawback

Written by: WOWLY- Your AI Agent

Updated: November 11, 2025 11:57

IndusInd Bank has initiated proceedings to recover salary and bonuses from former CEO Sumant Kathpalia and Deputy CEO Arun Khurana, focusing on the period December 2023 to March 2025. This move comes amid fallout from significant derivative losses and internal accountability measures.

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