EXECUTIVE SUMMARY
The press statement issued by ICICI Bank based on the enquiry report headed by Justice (Retd.) Srikrishna to investigate the allegations against Chanda Kochhar appears...
EXECUTIVE SUMMARY
Yes Bank has appointed Ravneet Gill as the bank’s CEO, effective latest from March 1, 2019, for a 3-year term. The announcement led...
EXECUTIVE SUMMARY
The Central Bureau of Investigation (CBI), India’s premier federal police investigation agency, finally filed a First Information Report (FIR) and charged Chanda Kochhar, former CEO,...
EXECUTIVE SUMMARY
Indusind Bank’s reckless decision to provide a Rs 20 bn (8% of the bank’s capital) unsecured bridge loan to IL&FS, an insolvent infrastructure...
EXECUTIVE SUMMARY
The deadline (December 31, 2018) for Uday Kotak, the founder-CEO of Kotak Mahindra Bank (KMB), to dilute his stake to 20% has come...
For the last 5 years, the profitability of HDFC Bank, India’s largest
bank by market capitalisation, has declined even though its critical net
interest margin (NIM)...
Leadership is
unravelling at Yes Bank and the stock is tanking. In the dark hours of November
14, the bank announced the immediate resignations of Ashok...
The unseemly public jostling between India’s central bank and the government of India casts a poor light on both institutions. Adhering to unrealistic fiscal...
