The IndusInd Bank episode can no longer be dismissed as an isolated lapse. It reflects either a systemic governance breakdown or a troubling culture of apathy and evasion.It is a credibility crisis. Investors blindsided, the stock price yo-yoing, and the market regulator forced to react. Now, the question is not whether the Securities and Exchange Board of India’s interim order was warranted, but whether the Reserve Bank of India can afford to sit this one out.
.png)
