Mumbai, Nov. 10 -- IndusInd Bank's new chief executive has a plan. Having come in at a crucial juncture, Rajiv Anand wants to reinstate trust in the lender, some of which was seemingly eroded after a Rs.1,959 crore derivatives fiasco swept through the bank, leading to changes at the top.

Anand, came out of retirement from Axis Bank to head the Hinduja Group-backed private sector lender on 25 August. Before Anand's tenure, IndusInd Bank witnessed its incumbent chief executive Sumant Kathpalia and deputy chief executive Arun Khurana exit unceremoniously and under a cloud of alleged insider trading.

In an interview to Mint, Anand, whose three-year term was approved by the Reserve Bank of India (RBI) in August, said that his message to the ...