9 min read. Updated: 22 Oct 2020, 08:48 PM IST Shayan Ghosh Incoming CEO Sashidhar Jagdishan inherits a bank in fine fettle. Where will he take it from here? Over the upcoming Dussehra weekend, more than 100,000 employees at HDFC Bank will come together, virtually, to offer a befitting farewell to outgoing chief executive...
Hemindra Hazari, a Mumbai-based independent banking analyst, said the government should improve management of state-owned banks and strengthen their governance norms instead of privatizing them. "You have to strengthen your governance norms. You should put in structures, change the management to address the problems," Hazari said. "That is where...
Yes Bank watchlist also highlights the failure of credit rating agencies and analysts to spot  anomalies and catch red flags on defaults and stress early on. Ravi Krishnan@writesravi Y   The stressed loan chickens are coming home to roost for Yes Bank. To extend the avian analogy, is Yes Bank the canary in a...
Yashwant Sinha, Prashant Bhushan and others on Cobrapost’s Expose on what they claim is “India’s biggest financial scam.’Posted by The Quint on Tuesday, January 29, 2019 An investigation by Cobrapost claims, Dewan Housing Finance Corporation Limited (DHFL) through layers of shell companies allegedly siphoned off Rs 31,000 crore out of total bank loans...