Articles

EXECUTIVE SUMMARY. Government banks have been derided for indulging in ‘phone banking’ (being instructed on the telephone by ruling party politicians and civil bureaucrats...

EXECUTIVE SUMMARY. While the market is commending banks like ICICI and Axis Bank for cleaning up their balance sheets with aggressive loan loss provisions,...

EXECUTIVE SUMMARY. Romesh Sobti, the CEO of Indusind Bank, was recently crowned ‘banker of the year’ by a fawning business media, despite reporting...

With the help of a whistleblower, the Rajasthan police is prosecuting cases of insurance schemes mis-sold by ICICI as fixed deposits to unsuspecting customers....

It is extremely unfortunate that the regulatory agencies have till date not penalised any senior individual in the banks or the partners in the audit firms responsible for the huge divergence in NPAs in FY2016. The lack of punishment so far raises concerns of ‘regulatory capture’ by the private sector banks.

EXECUTIVE SUMMARY. In order to protect its customers from mis-selling, ICICI Bank ceased the selling of traditional par and non-par life insurance policies even...

EXECUTIVE SUMMARY. In the last 3 years, studies have revealed the unprecedented acceleration and concentration of profits and economic power accruing at the pinnacle...

EXECUTIVE SUMMARY. HDFC Bank’s 1HFY2021 results is a study in contrasts to its non-bank finance company (NBFC) subsidiary, HDB Financial Services (HDB). While the...

EXECUTIVE SUMMARY. A noteworthy feature in the 3QFYGDP estimate is its dubious credibility, as indirectly admitted by the official statistical agency itself. In the...

Although Roopa Kudva quit the bank transparency body in July 2017, there has been no public intimation of this development. Hemindra HazariBANKINGECONOMY02/OCT/2017 (Left to right) Omidiyar...