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...
Chris Kay
RIDHIMA SAXENA SEP 14, 2021, 13:31 IST
As part of the merger, Clix Capital Services will also need to take on Suryoday Small Finance Bank’s gross bad loans worth ₹381 crore. That's nearly a quarter of Clix Capital’s own net worth.Both the entities are into completely different lines of business. Suryoday SFB is essentially a...
India's richest man's endorsement of Congress candidate Milind Deora is a significant development in the current political climate, say political observers.
NEWS18/04/2019 9:18 PM IST
NEW DELHI―On Thursday morning, Milind Deora, the Congress candidate from Mumbai South constituency, tweeted a short video clip with a cross-section of people endorsing...
“In the current faltering economy, the bank is unlikely to increase its net interest margin and its fees to compensate for the expected higher credit costs and if it is unable to continue with its earlier strategy, shareholders should expect a decline in its profitability," Hazari wrote in a note
Chloe Cornish
Entire article can be read here
BY SALIL PANCHAL, NEHA BOTHRA, 8 min read PUBLISHED: Mar 24, 2022 11:17:01 AM IST UPDATED: Mar 24, 2022 11:46:09 AM IST
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...
