IndusInd Bank’s stock fell by more than 2% following the resignation of its Chief Financial Officer (CFO), Gobind Jain. As of 9:56 AM, IndusInd Bank shares were trading 1.99% lower at Rs 951.60.
Jain, who has been with the bank for over three years, cited his intention to explore new professional opportunities. He will serve a 90-day notice period and assist with the transition until April 17, 2025.
Effective January 21, 2025, Arun Khurana, the bank’s deputy CEO and whole-time director, will take over Jain’s duties as CFO.
IndusInd Bank’s stock opened at ₹966.20, reaching a high of ₹969.75 and a low of ₹948.10. The bank’s 52-week high stands at ₹1,639.60, while the 52-week low is ₹926.45.
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