By Bhuvan BAGGA November 22, 2024
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Former ICICI Bank CEO Chanda Kochhar has been indicted by the Justice BN Srikrishna panel for violating the bank’s code of conduct. Following this,
the bank has decided to consider her resignation submitted on October 4, 2018 as a ‘termination’ and recover the bonuses paid to her since April 2009,
which...
Rohini Mohan India Correspondent
PUBLISHEDSEP 26, 2021, 4:47 PM SGT
BANGALORE - With unpaid corporate loans at a record high in India, the government has set up a "bad bank" to resolve such loans, paving the way for a major clean-up of the banking system.
Flush with 30.6 billion rupees (S$560 million), the...
3 min read. Updated: 29 Oct 2020, 09:39 AM IST Tauseef Shahidi , Nikita Kwatra
Indian CEOs are increasingly likely to ‘resign’ rather than retire, a Mint analysis shows
Top Indian corporate leaders last fewer years in office than politicians do. A chief executive officer or managing director of an average BSE 500 company...
The second such case at SBI puts the auditors' role under scanner; SBI becomes the 10th bank to falter in reporting non-perfoming assets based on RBI guidelines
BY SALIL PANCHAL, Forbes India Staff 2 min read PUBLISHED:
Dec 13, 2019 03:30:20 PM IST UPDATED: Dec 13, 2019 06:04:59 PM IST
The role of auditors on...
SEBI's action followed the release of a report written by eminent research analyst Hemindra Kishen Hazari.
13 Jan, 2021
AuthorGaurav Raghuvanshi
Investor aversion and strained government finances could complicate the capital plans for some Indian banks, particularly state-owned ones, after the central bank's latest stress tests indicate that some lenders' capital could fall below minimum regulatory requirements this year in the aftermath of the coronavirus pandemic.
As forbearance...
