AUNINDYO CHAKRAVARTY 20H 14M AGO OPINION5 min read 4.7k ENGAGEMENT By the time Narenda Modi became Prime Minister of India, it was common knowledge that he was inheriting an economy riddled with bad-loans – loans that banks had given but were unlikely to be repaid....
Worried customers have been queuing to withdraw money from India's Yes Bank after the country's central bank seized control of the troubled lender. The Reserve Bank of India (RBI) said it wanted to "quickly restore depositors' confidence" in the bank. Depositors...
Source : SIFY Author : Finance Desk Last Updated: Tue, Feb 18th, 2020, 15:27:53 hrs India's most trusted, rich, and successful banker - Uday Kotak is alleged to have made gains of Rs 23,000 crores. The allegation has been made by financial analyst Hemindra Hazari,...
THE NEWS SCROLL 17 FEBRUARY 2020  Last Updated at 8:56 PM | SOURCE: IANS ''RBI relaxation led to Uday Kotak gaining over Rs 23,000 cr'' New Delhi, Feb 17 (IANS) The relaxation in norms for private sector banks have resulted in a...
Securities lawyer Sandeep Parekh has accused SEBI analyst and The Wire columnist Hemindri Hazari, who also happens to be a columnist at the Wire, of writing a slanted opinion piece on HDFC Bank's process to determine the new MD based on established falsehoods OPINDIA...
3 min read. 09:31 PM IST Dhirendra Tripathi It all started on 24 Jan when independent director Sandeep Parekh panned a news report that said HDFC Bank had roped in the services of Egon Zehnder to identify a successor to Adita Puri
As sluggish economy hits retail sector, banks face increasing loan stress  BY SALIL PANCHAL, SAMAR SRIVASTAVA 3 min read PUBLISHED: Jan 31, 2020 09:26:51 AM IST UPDATED: Jan 31, 2020 09:33:35 AM IST The economic slowdown is starting to reveal its real...
Grappling with bad loans, weak loan growth and leadership uncertainty, its valuation is under pressure Prathamesh Mulye Getty images It’s now an accepted fact that Indian banks leave too much to be desired...
For the last three years, HDFC and Kotak Mahindra Bank have individually received more complaints than the all-banks average of 1.4 complaints per branch. Shruti Jain BANKING Jaipur: India’s private banks were once again the worse...
Moneylife Digital Team10 January 2020 Uttam Prakash Agarwal, an independent director and chairman of the audit committee of the board of Yes Bank has resigned, while making certain observations on the governance of the bank. While confirming the resignation, Yes Bank has said,...