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But even when public information is available, they often don’t connect the dots, as independent analyst Hemindra Hazari points out in this example, where a company continued to service one lender’s loans even as it defaulted on all other banks.
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Who’s Accountable for Kotak Mahindra Bank’s IT Fiasco?
For the last 5 years, the capital market in contrast to the Bank Nifty has been signalling a major concern with Kotak Mahindra Bank...
From Defender of SBI’s Interests to Mere Valet: The Fall of the Chairman’s Post
The State Bank of India (SBI) is India’s largest bank by assets and the government’s most prestigious bank. Formerly the Imperial Bank of India...
Kotak-Linked NBFC Donated, Not Rs 600 mn, but Rs 1.3 bn, in Electoral Bonds
A Kotak family entity, Infina Finance Private Ltd. (Infina), purchased electoral bonds totalling Rs 1.3 billion – which is more than twice the amount...
Kotak firm’s Rs 60 crore donation to BJP coincided with crucial RBI decisions on...
In a piece published in The Wire a month later, Hemindra Hazari, an independent research analyst registered with the Securities and Exchange Board of India, called this “one...
Axis Bank Incubates a New Entrepreneur — Its Head of Retail Branches
Ravi Narayanan, the 55-year old Group-Head in-charge of retail branches, retail liabilities and third party products abruptly resigned from Axis Bank on March 13,...