IndusInd Bank says Chair Sunil Mehta to step down at end of term
BusinessLine·2026-01-23 15:15

Indian private lender ‍IndusInd Banksaid on Friday that ​its part-time chairman anddirector Sunil ‌Mehta will step ​down, effective January 30, postthe completion of his term.Mehta will be succeeded by Arijit Basu, who most recentlywas the chairman at non-banking finance company ​HDB FinancialServices, a unit ⁠of India's top private lender HDFCBank.Basu was also the managing director of ​State Bank ⁠of India, prior to which he was the MD & CEO of SBI LifeInsurance Company.Mehta's ‌departure marks the latest ...