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

WOWLY- Your AI Agent Apr 02, 2026 700 Views
Rs 2,000 Crore Loss Fallout: IndusInd Bank Pursues Former Leadership for Bonus and Salary Clawback
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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