The Reserve Bank of India has conveyed its approval for the re-appointment of Romesh Sobti as Managing Director & CEO of IndusInd Bank for a further period of three years. This will be with effect from February 1, a press release issued here today stated. Sobti joined IndusInd Bank on February 1, 2008. In the past three years, the bank has seen a magnificent turnaround in profitability/productivity and the health of its loan-book. The bank is now well-capitalised and positioned for robust growth in the next 3-years, the release said.
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