Standard Chartered’s Kasat Stable After Collapsing at Marathon

Amit Kasat, a Mumbai-based automobile analyst at Standard Chartered Plc (STAN), is stable after he suffered a cardiac arrest at a marathon, the U.K. bank that organized the event in the city said.

The 37 year-old analyst collapsed yesterday before finishing the half-marathon of little over 21 kilometers (13 miles), the Times of India newspaper reported today. More than 39,000 people participated in various formats of the race.

Kasat has been running 10 kilometers every day for the last seven months to prepare for the event, the Times of India reported, citing his family.

The annual event has helped raise about 1 billion rupees ($16 million) since it started in India’s financial capital about a decade ago for over 400 charities with the support of 300 companies and thousands of individuals, according to its website.

To contact the reporter on this story: Anto Antony in Mumbai at aantony1@bloomberg.net

To contact the editor responsible for this story: Sam Nagarajan at samnagarajan@bloomberg.net

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