“Bad news should be delivered faster than good news,” Dalal said, highlighting that companies must keep investors consistently informed.
The discrepancy came as a surprise, and reports suggest the bank only informed the exchanges after being nudged by the Reserve Bank of India (RBI).
This delay, according to Dalal, made investors question whether there might be more such issues within the bank. She added, “It does leave open questions… indeed, will leave investors open to thinking about whether there are more issues or not.”
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While the current issue appears to be contained, the leadership transition at IndusInd Bank could bring additional changes. CEO Suman Kathpalia is set to step down soon, and Dalal believes new leadership may use this moment to clean up the balance sheet — a strategy often referred to as a “big bath.”
However, she clarified that while more issues may emerge during this period, they are not expected to be materially significant.
For the entire interview, watch the accompanying video
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