The systemic erosion of public institutions indicates that Vinod Rai, a roaring tiger, has been reduced to a caged parrot, and the BBB’s expiry date is fast approaching. Perhaps the BCCI will turn out to be a more absorbing engagement than the nation’s public sector banks.
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...