Hemindra Hazari, Independent Analyst: It is unusual. It introduces a political dimension and political risk. Business, especially for banks which are highly leveraged and manage public monies, tend to get identified with parties if their promoters publicly support one party or another, so I feel they should publicly remain apolitical. Uday Kotak publicly backed Modi during demonetisation and now that BJP’s electoral prospects are looking doubtful, he is backing the Congress party.
Privatisation is supposed to increase competition, usher in greater efficiencies, unleash animal spirits, and enrich stakeholders. IDBI Bank’s board of directors appear to have...
Posted by Prabir Sorkel | August 14, 2025
Here is an excerpt from the report titled “Industrial Planning and Licensing Policy” of the Planning Commission...
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...