A number of senior executives have left India’s biggest bank in the private sector before its MD and CEO Aditya Puri retires in October, after having held the position for nearly 25 years. Questions have been raised about unethical business practices followed by the bank, says Hemindra Hazari, independent analyst and commentator on the country’s banking sector, in an interview with NewsClick.
Recent Posts
Most Popular
Farcical Saga of Axis Bank’s Chief Audit Executives
On February 3, Axis Bank got a new Chief Audit Executive (CAE); on February 12, it changed its CAE once again; in six months,...
Why Exactly Did We Privatise the Life Insurance Sector?
Does anyone remember why India opened up the insurance sector to private, including foreign, investment at the start of this century?
A quarter of a...
India Budget 2025
https://www.youtube.com/watch?v=5uCKFV_uH04
Indian economy faces twin problems of poor demand and high food inflation. The Budget needs to increase total expenditure/GDP and fiscal deficit to provide...
Podcast with The Core on Bank Credit Growth at a Dead End
Podcast with The Core on Expected Slowdown in Bank Credit from 10:39
Credit Growth at a Dead End
It is a commonplace that banks are a proxy for the economy. When the economy does poorly, one would expect banks to do poorly,...