EXECUTIVE SUMMARY. The credit rating agency, ICRA (an affiliate of Moody’s) has finally sacked Naresh Takkar, its chief executive officer (CEO). This appears to be a...
EXECUTIVE SUMMARY. R.C. Bhargava is the long-serving current chairman of Maruti Suzuki India, India’s largest automobile company. He was also an independent director of...
EXECUTIVE SUMMARY. The sharp slowdown in the Indian economy and the wide publicity to the production cutbacks and layoffs in the automobile sector have...
EXECUTIVE SUMMARY. HDFC Bank’s low-cost liabilities strategy of focusing on huge numbers of new client acquisitions in the semi-urban and rural centres may be...
EXECUTIVE SUMMARY.
Problem: You are a leading
sell-side analyst. What do you do when confronted with valuable, authoritative,
and hitherto confidential information about India’s leading banks?...
EXECUTIVE SUMMARY. Recently, the Reserve Bank of India (RBI) was forced to disclose its confidential inspection reports, called Risk Assessment Reports (RARs), of the...
The appalling record of incompetence, and likely worse, by India’s credit rating agencies (CRAs) continues to lengthen. The latest instance is the double default...
