SEBI's action followed the release of a report written by eminent research analyst Hemindra Kishen Hazari.
NAVDEEP YADAV DEC 16, 2020, 10:27 IST
In the past two years, more than eight robbery cases amounting up to ₹700 million in the top NBFC companies like IIFL, Manappuram Finance, and Muthoot Finance have been reported.Although the gold ornaments held by these firms are insured, the insurance may also...
RBI measures won't affect existing customers. Similar measures could be taken for larger banks that faced recent outages
TopicsHDFC Bank | RBI | Digital banking
Subrata Panda & Anup Roy | Mumbai Last Updated at December 4, 2020 01:20 IST
The Reserve Bank of India (RBI) on Thursday morning directed the country’s largest private sector lender, HDFC Bank, to temporarily...
Advait Palepu Mumbai 11 January 2022
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 performers in terms of customer satisfaction, according to the annual report of the banking...
Rohini Mohan, India correspondent
Updated: 27 Jun 2021, 10:13 PM IST Gopika Gopakumar, ShayanGhosh
Sandeep Bakhshi took over an embattled bank in late 2018. In just 10quarters, things have changed Since Bakhshi joined, the share of the bank’s corporate loans in thetotal loan book has been almost flat at 24%. Moreover, the bank...
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, its board was scheduled to review...
“It is a positive development. It should be followed up with the criminal action because disinformation by banks is criminal under section 46 (1) of the Banking Regulation Act 1949,” said independent banking analyst Hemindra Hazari.
