Experts say the appointment of an additional director on its board is RBI's way of having its eyes and ears in the bank  BY SALIL PANCHAL Forbes India Staff2 min read PUBLISHED: May 22, 2019F Rama Subramaniam GandhiImage: Aniruddha Chowdhury / Mint Via Getty ImagesIn an unprecedented development for Yes Bank, Rama Subramaniam Gandhi,...
As Rana Kapoor, the co-founder and chief executive officer of Yes Bank Ltd., prepares to exit officetwo months from now, both he and the bank he built have become subjects of intense scrutiny. On Tuesday, rating agency Moody’s Investors Service cut the bank’s rating citing corporate governance concerns. The agency cited recent resignations from the...
2 min read. Updated: 04 Aug 2020, 10:52 PM IST Shayan Ghosh It remains to be seen how Jagdishan steers HDFC Bank's Massive loan book of over ₹10 trillion MUMBAI : With the Reserve Bank of India (RBI) clearing his appointment as the next chief executive of HDFC Bank, Sashidhar Jagdishan, has reached the...
India’s federal police filed a case alleging that former ICICI Bank Ltd. Chief Executive Officer Chanda Kochhar got “illegal gratification” for approving a loan to the Videocon Group in violation of the lender’s credit policy and regulatory provisions. In the filing at a police station in New Delhi, the agency...
“Once a bank is put under a moratorium, its deposit franchise is irrevocably eroded, as banking is all about trust,” Hazari wrote.
An unassuming leader, Prashant Kumar has led an ailing Yes Bank out of the woods on a steep trek to the top. He is exploring acquisitions to grow the bank and stay profitable, while building the deposit franchise  BY SALIL PANCHAL, Forbes India Staff13 min readPUBLISHED: Oct 3, 2022 12:41:45 PM ISTUPDATED: Oct 3,...
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