IndusInd Bank is preparing for a comprehensive restructuring to boost profitability and rectify underperformance issues. The initiative is led by new CEO Rajiv Anand, who aims to enhance operational efficiency and focus on artificial intelligence and retail growth. This restructuring follows a turbulent period marked by a governance crisis, including a significant accounting discrepancy that led to the departure of key executives. The bank reported losses in the second quarter and has accelerated bad debt write-offs. Anand plans to improve the bank's return on assets, targeting a 1% return within 18 months as a key milestone. The restructuring will involve addressing inefficiencies and legacy processes, while ensuring that there are no large-scale layoffs. IndusInd Bank, backed by the Hinduja family, has seen its shares drop significantly this year, and the restructuring aims to restore investor confidence and stabilize its financial performance.