IndusInd Bank Shuffles Leaders: Sunil Mehta Out, Arijit Basu In!

IndusInd Bank is shaking things up! Sunil Mehta is stepping down as Part-time Chairman on January 30, 2026, after leading with flair. Enter Arijit Basu, the new Part-Time Chairman, starting January 31, 2026, for a three-year adventure. With a history of big bank experience, Basu is ready to take the bank to new heights!

Quick rundown

1.Sunil Mehta's tenure as Part-time Chairman ends in 2026.

2.Arijit Basu appointed as new Part-time Chairman of IndusInd Bank.

3.Basu's term is set for three years starting January 2026.

4.Basu has a rich history with SBI and other financial institutions.

5.The appointment aligns with SEBI regulations and RBI approval.

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