EXECUTIVE SUMMARY. Following in the footsteps of Raghuram Rajan, who during his tenure as Reserve Bank of India (RBI) governor accepted the fifth Deutsche...
EXECUTIVE SUMMARY. There are two features worth noting in HDFC Bank’s 4QFY2021 results. The first is the continuing de-emphasis on retail loans. This was...
EXECUTIVE SUMMARY. The credit rating agency, ICRA (an affiliate of Moody’s) has finally sacked Naresh Takkar, its chief executive officer (CEO). This appears to be a...
HDFC Bank has used ingenious ways to understate its profits under Indian provisioning rules for FY2000. Apparently the year ended with the bank being...
The bank’s promoter-cum-CEO and its board of directors have not understood the letter and spirit of an important banking rule, but have instead sought...
