IndusInd Bank returns to profit post FX derivatives hit, says on track to pick CEO
IndusInd Bank, still shaken by a ₹2,000-crore derivatives loss and senior exits, is progressing on appointing a new chief executive. The bank returned to profit in Q1 and is focusing on cost control, cautious loan growth, and boosting profitability, chairman Sunil Mehta said in an analysts' call.
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