3-part series published in The Economic Weekly in the issues dated November 26, December 3, December 10, 1960 and a supplementary note in the issue dated February 18, 1961
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From Defender of SBI’s Interests to Mere Valet: The Fall of the Chairman’s Post
The State Bank of India (SBI) is India’s largest bank by assets and the government’s most prestigious bank. Formerly the Imperial Bank of India...
Kotak-Linked NBFC Donated, Not Rs 600 mn, but Rs 1.3 bn, in Electoral Bonds
A Kotak family entity, Infina Finance Private Ltd. (Infina), purchased electoral bonds totalling Rs 1.3 billion – which is more than twice the amount...
Kotak firm’s Rs 60 crore donation to BJP coincided with crucial RBI decisions on...
In a piece published in The Wire a month later, Hemindra Hazari, an independent research analyst registered with the Securities and Exchange Board of India, called this “one...
Axis Bank Incubates a New Entrepreneur — Its Head of Retail Branches
Ravi Narayanan, the 55-year old Group-Head in-charge of retail branches, retail liabilities and third party products abruptly resigned from Axis Bank on March 13,...
Investors Rattled By India’s Regulatory Surprises
Analysts said that the stringency of the Paytm Payments Bank action,
while directed at a single entity, signals that the bank won’t tolerate lapses.
“This is...
