The fact that the RBI supported the administrator’s actions in the court case indicates that, in all likelihood, it had orally instructed him to...
Jay Kotak’s appointment comes with questions for the private banking sector, which has mostly eschewed the dynastic tendencies of old-school India Inc companies.
Jay Kotak...
It is difficult to read the SEBI's scathing order and not wonder what on earth the NSE board was doing.
In Rudyard Kipling’s Jungle Book, Akela,...
The RBI’s decision on April 26, 2021 to curtail tenures of bank chief executive officers and executive directors may finally lead to Kotak relinquishing...
The central bank's decision to not spell out a rationale does little in terms of adding to the ownership debate.
Hemindra Hazari BANKING...
Hemindra Hazari
9 July 2019
On 26 June 2019, confronted with a contempt petition filed in the Supreme Court of India by Right to Information...
The legal battle concerns the RBI’s instructions to Kotak Mahindra Bank to reduce the promoter holding, and the bank's sharp practices while appearing to...
BANKING April 10, 2019
The sacked employees feel that they have been given a raw deal, which may have a demoralising impact on the bank's workforce.
By Hemindra Hazari
On...
