Whalesbook
IndusInd Bank is undergoing a significant restructuring aimed at enhancing profitability and addressing underperformance. The initiative, expected to be implemented soon, will involve the exit of low-performing employees without impacting overall headcount. The bank also plans to significantly invest in artificial intelligence and expand its retail business segments, including home loans and MSME lending, to strengthen its financial health and achieve a target of 1% return on assets within 18 months.