New Delhi, March 10 -- IndusInd Bank's stock closed nearly 4% lower on March 7, 2025, marking its fourth consecutive session of decline.

The sharp fall came in the wake of two major developments-the Reserve Bank of India (RBI) approving Sumant Kathpalia's reappointment as CEO for just one more year instead of the three-year tenure sought by the bank, and reports that Nippon Life Insurance Co.'s India unit, Reliance Nippon Life Insurance, is considering acquiring a minority stake in the lender.

Investors appeared to be reacting with uncertainty, as the regulatory decision hinted at lingering governance concerns, while the potential stake sale raised questions about the bank's capital requirements and long-term strategy.

Once celebrated ...