HEMINDRA HAZARI
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HEMINDRA HAZARI
By admin Posted March 5, 2019 In Speaker / Gateway 0
SEBI-registered research analyst Hemindra Hazari brings a lot of fire power to his talks. The cannons he fired at last Tuesday’s meetings were honest, brutal and showed up the mess India’s finance companies have woven around themselves. And all...
"It is apparent that Yes Bank is the bad boy in the eyes of the regulator," independent banking analyst Hemindra Hazari.
As Deutsche Bank AG veteran Ravneet Gill moves into the 27th floor of Yes Bank Ltd.’s headquarters in downtown Mumbai, he brings the curtain down on one of the...
Ravi Krishnan
There is this irrational joy mingled with relief that taxpayers feel on getting a tax refund, never mind that it was their money in the first place. Yes Bank investors too experienced that emotion last week when the lender revealed that RBI found its bad loan disclosures to...
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...
Yashwant Sinha, Prashant Bhushan and others on Cobrapost’s Expose on what they claim is “India’s biggest financial scam.’Posted by The Quint on Tuesday, January 29, 2019
An investigation by Cobrapost claims, Dewan Housing Finance Corporation Limited (DHFL) through layers of shell companies allegedly siphoned off Rs 31,000 crore out of total bank loans...
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...
Uday
Kotak is a cautious and savvy banker with deep and strong connections in the
business world. However, by no stretch, is he an activist. So, why would
he drag his regulator to court, especially the Reserve Bank of India (RBI)
which has always guarded its ‘independence’ or lack of public accountability
very zealously?
Kotak’s
decision,...
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...
An incendiary speech by a senior Reserve Bank of India (RBI) official last Friday blew the lid off an increasingly toxic dispute between the central bank and the government of Prime Minister Narendra Modi over monetary policy and who controls the institution's reserves, Reuters has reported.
While historically there have been differences...
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...
