As Rana Kapoor, the co-founder and chief executive officer of Yes Bank Ltd., prepares to exit officetwo months from now, both he and the bank he built have become subjects of intense scrutiny.
On Tuesday, rating agency Moody’s Investors Service cut the bank’s rating citing corporate governance concerns. The agency cited recent resignations from the...
BY SALIL PANCHAL, Forbes India Staff 6 min read PUBLISHED: Dec 27, 2021 11:16:26 AM IST UPDATED: Dec 27, 2021 11:55:49 AM IST
With the sudden exit of its veteran chief executive and no clarity on RBI's stern intervention, the bank's new business strategy...
By energy reporter Daniel Mercer
Tim Buckley has spent much of his career in finance traversing the proverbial energy landscape.
For much of that time since 2010, those travels have taken him to India, where eye-watering sums of money are being spent...
By Meryl Sebastian, BBC News
Article can be read here
Ravi Krishnan
There is this irrational joy mingled with relief that taxpayers feel on getting a tax refund, never mind that it was their money in the first place. Yes Bank investors too experienced that emotion last week when the lender revealed that RBI...
“Indian rating companies are reluctant to give poor ratings to companies before the default happens,” said independent analyst Hemindra Hazari, “They fear losing their clients.”
The Bombay High Court on Monday declined Kotak Mahindra Bank’s plea for a stay on the Reserve Bank of India (RBI)’s December 31 deadline to reduce its promoter stake holding.
This, in effect, would mean that the private sector lender has a little more than 10 days to lower its...
An independent banking analyst Hemindra Hazari wrote a report questioning the corporate governance practices of companies which have employed her.
