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Capital Market

Capital market articles published by Hemindra Hazari

The central bank's decision to not spell out a rationale does little in terms of adding to the ownership debate. Hemindra Hazari BANKING 12 HOURS AGO It was surely one of the more odd episodes...
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 lone grey wolf leader, exhorts the pack to “look well” upon the cubs...
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 comply. By Hemindra Hazari MUMBAI, Maharashtra—A royal legal battle has been going on between Kotak Mahindra Bank...
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
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 his post at the end of 2023. Had the Reserve Bank of India (RBI) descended,...
India’s private sector banks were held up for years as the standard of efficency and corporate governance to which public sector banks should aspire. But now it emerges that private bank after private bank has in fact been harbouring bad debts, fudged accounts, corrupt deals, gross mismanagement, overly paid...
February 23, 2018 by rupeindia — Hemindra Hazari writes: The Punjab National Bank (PNB) Nirav Modi scam has led to a clamour from certain quarters for the privatization of India’s Government banks. It was only to be expected that Assocham , the corporate sector...
Hemindra Hazari BANKING BUSINESS ECONOMY 12/APR/2017 Uday Kotak’s much hyped press conference on March 29 promised a bang. But all we got was a whimper. Kotak’s announcement was a new digital-based saving account, christened “811”, no doubt in honour of the Modi government’s demonetisation...
In an unprecedented act, Kotak Mahindra Bank (KMB) on December 10, 2018 filed a writ petition in the Bombay high court against the Reserve Bank of India. The writ prayed for permission to include its preference capital (a debt instrument) issue in paid-up capital, thereby lowering the stake of...
The bank’s official explanation of a technical glitch needs to be examined, by the RBI, which should commission a probe. Hemindra Hazari On November 5, 2021, the auspicious day of the Hindu New Year, the Economic Times burst...