KATYA NAIDUMAY 29, 2019, 19:43 IST IndusInd Bank’s provision for losses from IL&FS may be too little too late, according to an analyst.The provision for bad loans in the latest quarter should have come at least eight months ago, says Hemindra Hazari. To start with, Mumbai-based IndusInd’s profits fell by 62%...
Analysts said that the stringency of the Paytm Payments Bank action, while directed at a single entity, signals that the bank won’t tolerate lapses. “This is a warning to the entire sector," said Hemindra Hazari, a banking analyst in Mumbai  
Banks in India might never be in for a more challenging, or should one say, exciting phase. In the next two years, some of the biggest new private sector banks in India—ICICI Bank, Axis Bank, Yes Bank, IndusInd Bank and HDFC Bank—will have new leaders. The exits of the leaders...
9 min read. Updated: 22 Oct 2020, 08:48 PM IST Shayan Ghosh Incoming CEO Sashidhar Jagdishan inherits a bank in fine fettle. Where will he take it from here? Over the upcoming Dussehra weekend, more than 100,000 employees at HDFC Bank will come together, virtually, to offer a befitting farewell to outgoing chief executive...
“Indian rating companies are reluctant to give poor ratings to companies before the default happens,” said independent analyst Hemindra Hazari, “They fear losing their clients.”
Hemindra Hazari, a Mumbai-based independent banking analyst, said the government should improve management of state-owned banks and strengthen their governance norms instead of privatizing them. "You have to strengthen your governance norms. You should put in structures, change the management to address the problems," Hazari said. "That is where...