13 Sep, 2020Zia Khan Gaurav Raghuvanshi Mohammad Abbas Taqi
Banking
India's state-owned banks have lagged behind their private-sector peers in tapping equity capital markets so far this year and are likely to remain dependent on government capital injections amid depleted market...
“Some would call it strange for the same auditor to audit competing banks in the same year. What is even more unusual is that the accounts certified of both the banks by the same, individual statutory auditor have been found misleading by the statutory regulator,” Hazari had written in one of his columns for The Wire.
Experts say the appointment of an additional director on its board is RBI's way of having its eyes and ears in the bank
BY SALIL PANCHAL Forbes India Staff2 min read PUBLISHED: May 22, 2019F
While the media was occupied with the government’s sudden move to replace the board of Infrastructure Leasing and Financial Services (IL&FS), another drama was playing out at the swanky headquarters of the firm. The Serious Frauds Investigation Office (SFIO) was primed to spring into action, even as the...
“Once a bank is put under a moratorium, its deposit franchise is irrevocably eroded, as banking is all about trust,” Hazari wrote.
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...
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...
HEMINDRA HAZARI
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HEMINDRA HAZARI
By admin Posted March 5, 2019 In Speaker / Gateway 0
SEBI-registered research analyst Hemindra Hazari brings a lot of fire power to his talks. The cannons...
