IndusInd Bank shares fell nearly 6 percent on Monday, hitting their lowest level since July 2022. The stock declined 5.94 percent to an intraday low of Rs 881.1 on the NSE. The Reserve Bank of India granted only a one-year extension to CEO Sumant Kathpalia. Analysts believe the move adds an element of uncertainty to the bank’s leadership structure while giving it time to address regulatory concerns. \”Until the bank provides clarity on its succession planning and stabilises its MFI and auto loan portfolios, the stock is likely to remain rangebound,\” Jefferies said. The bank, like several other Indian lenders, has been facing stress in its microfinance business, with its gross NPA ratio showing signs of strain. According to Nuvama, the RBI has favoured external candidates for leadership positions in recent appointments. If this trend continues at IndusInd, it could add to near-term earnings uncertainty, particularly given the already weak outlook for the microf finance segment.