The 59-year-old Vishwavir Ahuja, who studied International Finance at the University of Michigan, was instrumental in transforming the old private sector bank into a fast-growing full-scale bank with a national presence.
Some of India's mid-sized private banks, once the darling of stock market investors, are struggling in the market cap rankings. how do they plan to regain their lost glory?
Terming whistleblower allegations on loan evergreening as "grossly inaccurate and baseless", Indusind Bank on Saturday admitted to have disbursed 84,000 loans without customer consent in May owing to a "technical glitch".