Never before has a bank taken the Reserve Bank of India to court on the issue of promoters’s quota. Hemindra Hazari explains this unprecedented tussle to NewsClick.
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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...
RBI Goes After Non-Compliance In Financial Sector
https://www.youtube.com/watch?v=UjI499WhF7M
The Reserve Bank of India (RBI) has been vigilant in its actions against non-banking financial companies (NBFCs), fintechs, and credit card issuers in the...
