Hemindra Hazari
In India’s darkest economic hour, with the economy starved of cash, the prime minister extolling the people on the virtues of sacrifice and...
Contrary to the expectations of life insurance deregulation, some of the large private companies have established their business model on ULIPs, a mutual fund product and in doing so sacrificed the objective of raising genuine life insurance and long-term savings for the economy. In retrospect, the liberalisation of the life insurance sector provided a license to open a casino.
Hemindra Hazari
Risk management is the control and nerve centre of a bank. The independence of control and vigilance functions like risk management and audit...
Hemindra Hazari
There are high hopes that Urjit Patel, the new RBI governor will act to revive bank lending and thereby do his bit for...
Hemindra Hazari
The media has gone overboard on the government of India’s decision not to give Raghuram Rajan, the Reserve Bank of India (RBI) governor,...
Hemindra Hazari
Axis Bank is one of the favoured stars among the new private sector banks in India, with an enviable reputation. The Banker gave it the...
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...
Hemindra Hazari
The year is not even three weeks old but has already been unkind to financial markets. The stock market is back to pre-Modi...
Hemindra Hazari
Equity research analysts produce impressive reports, operate complex statistical models, and can talk confidently about the future on the business channels. But the...
