Post this report and the subsequent media coverage, the Indian government changed the selection policy of appointment of SBI chairman solely on the basis of seniority.
Ashok Hinduja, chairman, IndusInd International Holding, told the press recently:
"Could you have as a promoter taken steps to avert the crisis at IndusInd Bank?
Money...
Take two old private banks, of similar backgrounds. One embarks on an ambitious, disruptive strategy of nationwide expansion; the other remains stuck to its...