Can new CEO Sumant Kathpalia steer IndusInd in a storm?

A round four years ago, Romesh Sobti, the then managing director of IndusInd Bank, had invited the lender’s top management for an exercise to draw up a three-year plan. The leadership team at the Hinduja Group-promoted bank then was 40-people strong. When a similar exercise was done around two months ago, the number of executives who participated had more than doubled. In fact, a cutoff at 90 had to be imposed for the meeting.Sobti, who retired