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 is unclear, say analysts “RBL has been unable to provide clarity...
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 government moved...
By Stacy Meichtry, Shan Li, Krishna Pokharel and Weilun Soon Feb. 1, 2023 1:22 pm ET Read the article here
To read the entire article (paywall) please click here Hemindra Hazari, a banking analyst, adds that “after that story should have gone and told ”. Hazari, however, adds that “we do not know what other communications there were , and short of a court judgement confirming these allegations...
Sitharaman's decision to merge 10 banks into four may be riddled with leadership and decision-making challenges  BY SALIL PANCHAL, Forbes India Staff 3 min read PUBLISHED: Sep 10, 2019 11:04:29 AM IST UPDATED: Sep 10, 2019 11:12:56 AM IST Finance minister Nirmala  Sitharaman’s mega bank-merger plan, if successful, will see 10 government-owned banks being...