Mehta will conclude his current three-year tenure and then move on from the lender’s board. (Photo: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

IndusInd Bank Chairman Sunil Mehta will not seek a reappointment in January 2026, two people with direct knowledge of the matter said. Mehta will conclude his current three-year tenure and then move on from the lender’s board.

According to the first person quoted above, this development has been communicated to the bank’s leadership, its board and the promoters already.

Mehta, who has previously chaired boards at Punjab National Bank and the reconstructed Yes Bank, had continued to run affairs at IndusInd Bank between April and August 2025 during a management transition.

“The bank’s chairman and the board remain

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