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“Apparently the RBI’s internal working group has succumbed to corporate pressure to call for the entry of industrial houses into banking, where matters of connected lending are always of paramount concern,” says Hemindra Hazari, an independent banking expert
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Pledge agreements show Adani Green could have breached loan covenants
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Hemindra Hazari, a banking analyst, adds that “after that story should have gone and told...
Indian Billionaire Adani Down Again, But Not Out
By Bhuvan BAGGA November 22, 2024
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Axis Capital Reports Shares of Illiquid Unlisted Firm as ‘Held for Trading’
India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), on September 19, 2024 passed an interim order on Axis Capital (a...
SEBI bars Axis Capital as banker for new debt issues
The regulatory action started after a report by a SEBI-registered analyst Hemindra Kishen Hazari highlighted concerns about Axis Capital’s high-risk transactions earlier this year.
Individuals holding critical leadership positions on the board of Yes Bank have left under dubious circumstances