October 14, 2026
Business

RBI approves Rajiv Anand as MD & CEO of IndusInd Bank

The Reserve Bank of India has approved Rajiv Anand’s appointment as MD & CEO of IndusInd Bank, effective August 25, for a three-year term. Anand, formerly Deputy Managing Director at Axis Bank, brings over 35 years of financial services experience. His appointment follows Sumant Khatpalia’s exit due to an accounting discrepancy.

​The Reserve Bank of India has approved Rajiv Anand’s appointment as MD & CEO of IndusInd Bank, effective August 25, for a three-year term. Anand, formerly Deputy Managing Director at Axis Bank, brings over 35 years of financial services experience. His appointment follows Sumant Khatpalia’s exit due to an accounting discrepancy. 

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