IndusInd Bank appoints ex-SBI MD Arijit Basu as part-time Chairman; Sunil Mehta to step down

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IndusInd Bank has appointed Arijit Basu as Non-Executive Independent Director and Part-time Chairman for a three-year term starting January 31, 2026. Basu, a seasoned banker with experience at SBI and HDB Financial Services, will succeed Sunil Mehta. His appointment aligns with regulatory requirements and brings extensive financial sector expertise to the bank’s leadership.

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IndusInd Bank appoints ex-SBI MD Arijit Basu as part-time Chairman; Sunil Mehta to step down

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