In the private sector financial services (banking and insurance) there is a requirement for an institutional mechanism like a Central Vigilance Commission (CVC)-like organisation to monitor executives especially the CEO as past instances have shown the incompetence and/or complicity of independent directors.
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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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Banking’s Longest-Serving, Highest-Paid CHRO Quits IndusInd Bank
The abrupt resignation of Indusind Bank’s Chief Human Resources Officer (CHRO), Zubin Mody, on July 25, 2025 is another symptom of the internal churn...
Is Yes Bank Providing Custodial Services to RInfra for Its Valuable Property?
A high-profile bank collapses on account of high-risk, bulky non-performing corporate loans. With the intervention of the Reserve Bank of India (RBI), the errant...
Karnataka Bank board showed who’s the boss
As Hemindra Hazari, a Sebi-registered independent research analyst, has pointed out in his report, “Bank boards have clear-cut policies on the approval powers of all...
Economist – Prof R Ramakumar’s Speech at Tarakeswar Chakraborti Memorial Lecture – 1
https://www.youtube.com/watch?v=l72vK9c1RFg
Hemindra Hazari Speech at Tarakeswar Chakraborti Memorial Lecture – 2
https://www.youtube.com/watch?v=eXiLiqh6tuo
Memorial Lecture Held on June 14, 2025, at the Walchand Hirachand Hall, Indian Merchants Chamber, Churchgate, Mumbai
DISCLOSURE
I, Hemindra Kishen Hazari, am a Securities and...