After his 12-year-long stint at the bank, Sobti will now be handing over the reins to Sumanth Kathpalia.
With the preferential issue, which got done last Thursday, the total capital raised by the bank in this round, including Rs 4,327.98 crore through an institutional placement on July 3, stood at Rs 5,081 crore, the city-based bank said in a statement on Wednesday.
IndusInd Bank reported a 30 percent year-on-year growth in its net profit in the third quarter of FY13. The private bank reported Rs 267 crore of net profit for the quarter ended December.
Ramesh Sobti, Managing Director, Indusind Bank, in an interview with CNBC-TV18’s Latha Venkatesh, spoke about the results and gives his outlook going forward.