Capital Market

Capital market articles published by Hemindra Hazari

The State Bank of India (SBI) is India’s largest bank by assets and the government’s most prestigious bank. Formerly the Imperial Bank of India under British rule, the SBI long remained something of an empire, its chairmen exalted figures ruling over an army of 235,858 employees. Unfortunately, the SBI...
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 proceed. On January 20, 2023, the Bombay high court dealt a body blow to Yes Bank. It set aside the decision of the then Administrator (and...
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 Network india’s Roopa Kudva, Finance Minister Arun Jaitley and Banks Board Bureau chief Vinod Rai. Mumbai: Roopa Kudva, managing director of Omidyar Network India Advisors, has...
Debate with CRISIL on providing the highest rating of P1+ to Hindustan Lever HLL-3Download
Hemindra Hazari Everyone knows public sector banks are less profitable, more prone to political influence and have higher ratios of non-performing assets (NPAs) than their private sector counterparts. In contrast, new private sector banks, set up post 1991, are media and stock market darlings. Most analysts tend not to mention...
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 in the history of banking regulation. The Reserve Bank of India (RBI) recently concluded...
Hemindra Hazari 23/MAY/2017 Recently, Axis Bank and Yes Bank jolted the Indian banking community while releasing their annual results. Both banks disclosed a staggeringly large divergence between the banks’ audited accounts and the Reserve Bank of India’s (RBI)  findings regarding bad loans on the books of these banks...
If Chanda Kochhar had disclosed her husband's dealings and recused herself from the credit committee that sanctioned the Videocon loan, her personal integrity would not be under question right now. Credit: Reuters Hemindra HazariBANKING02/APR/2018 ICICI Bank chairman M.K. Sharma displayed utter contempt for the media and public by calling for a press conference,...
Hemindra Hazari 27 March 2017 Can half the workforce of rural India be considered “marginal to the economy”? That, it appears, is what Lord Meghnad Desai, eminent economist, Gujarat-born and UK-naturalised Labour life peer and Indian Express columnist, believes. Desai has had a notable academic career, earning his doctorate at the University of...
Hemindra Hazari ICICI Bank, India’s largest private sector bank by assets, posted shocking results for the quarter ended March 31, 2016. The consensus analyst forecast for the bank’s net profit was Rs. 3,100 crores; the bank reported a paltry Rs. 702 crores. This was an annual decline of 76% (compared to Rs....