IndusInd Bank’s quarter ended March 31, 2017 (4QFY2017) was impacted by a “one-off” exposure to a company whose cement operations is in the process...
The overriding theme of Axis Bank’s FY2023 annual report (released on June 26, 2023) is “Open, to Win Together”. The catch phrase is reiterated...
EXECUTIVE SUMMARY. In a stunning rebuke to audit firm S.R. Batliboi (SRB), a member firm of Ernst & Young, the Reserve Bank of India...
EXECUTIVE SUMMARY. Nearly a year after Axis Bank truncated the responsibilities of its Chief Risk Officer (CRO) by transferring corporate credit risk to the...
EXECUTIVE SUMMARY. The market has not been kind to Axis Bank after its 1QFY2020 results. The share price has fallen 7%, as compared with...
EXECUTIVE SUMMARY. Yet another instance has come to light of the practice of disguising transactions by routing them through shell companies. As revealed by...
Banks are considered special, but Kotak Mahindra Bank (KMB) and its high profile founder-CEO, Uday Kotak are extraordinarily special (here and here). Ever since...
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...
It appears the Government and the Reserve Bank of India (RBI) have given the green light to foreign investors to take significant stakes in...
The quality and intellectual calibre of the former directors of insolvent IL&FS was revealed to all when an anonymous former director and ex-member of...

















