History Repeating at Indusind Bank

There is an interesting parallel between IndusInd Bank's current situation and Axis Bank's 2018 episode—both involve:

• A regulator-triggered disruption (Axis: NPA divergence, IndusInd: derivative accounting issues).

• CEO's tenure cut short or not extended (Shikha Sharma denied extension; Sumant Kathpalia exiting before term completion as on 29th april 2025).

• A committee of executives managing operations temporarily.

Let’s break this down:

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🕒 How Long Might IndusInd Take to Appoint a New CEO?

Based on past precedents:

🔹 Axis Bank (2018):

• Shikha Sharma’s early exit announced: April 2018

• New CEO (Amitabh Chaudhry) appointed: September 2018

• ⏳ Time taken: ~5 months

🔹 Yes Bank (2018–19):

• Rana Kapoor’s extension denied: September 2018

• New CEO (Ravneet Gill) appointed: January 2019

• ⏳ Time taken: ~4 months

🔹 IndusInd Bank (2025):

• CEO exit announced in on 29th April 2025

• If RBI and the board follow a normal process, a new CEO could be finalized between August and October 2025 (i.e., 4–6 months).

So you can reasonably expect the new CEO to be named by Q2 FY26, with continuity in operations ensured through the executive committee in the meantime.