IndusInd Bank chief human resources officer Zubin Mody tenders his resignation

IndusInd Bank Ltd. on Friday, July 25, said Zubin Mody, its chief human resources officer and senior management personnel of the bank, has tendered his resignation.

Mody has resigned to pursue new opportunities outside, the lender said in an exchange filing. He has been with IndusInd Bank since 2005.

The same will come into effect from the close of business hours of October 24, 2025, the lender said.

On another note, the Reserve Bank of India (RBI) on Friday also granted its approval for extension of tenure of the oversight committee of the board for another month.

The same will be with effect from July 29 to August 28 or until the new MD and CEO is appointed and assumes charge, whichever is earlier, the lender said in an exchange filing

Earlier, the tenure of the committee of executives was to conclude on July 28, 2025.

IndusInd Bank shares ended the previous session 2.6% lower at ₹825.5 apiece. The stock has declined 14.8% this year, so far.

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