Quick gain

IndusInd Bank CEO Romesh Sobti makes the most of the rally by taking home ₹78 million

IndusInd Bank has been in the thick of things since the year began. The bank raised $500 million as a three-year term loan from overseas investors. Later, in March, it gobbled up microfinance major Bharat Financial Inclusion. Continuing with its M&A spree, the bank bought out IL&FS Securities. Following this move, the bank’s stock hit a 52-week high of Rs.1,995 on 27th June. In fact, since January while the Nifty Bank Index has gained 4.36%, the stock has surged 21%.