In a piece published in The Wire a month later, Hemindra Hazari, an independent research analyst registered with the Securities and Exchange Board of India, called this “one of the more odd episodes in the history of banking regulation”.
“The settlement was more or less a win for the bank’s promoter, Uday Kotak and...
3 min read. 09:31 PM IST Dhirendra Tripathi
It all started on 24 Jan when independent director Sandeep Parekh panned a news report that said HDFC Bank had roped in the services of Egon Zehnder to identify a successor to Adita Puri
Blame the medium. It’s social media and it’s Twitter, which...
Worried customers have been queuing to withdraw money from India's Yes Bank after the country's central bank seized control of the troubled lender.
The Reserve Bank of India (RBI) said it wanted to "quickly restore depositors' confidence" in the bank.
Depositors with Yes Bank can now only withdraw the equivalent of...
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...
SEBI’s imposition of a measly fine on the veteran banker raises questions on how regulators let companies and their promoters get away with serious violations.
Jayshree P. Upadhyay
Mumbai 15 March 2021
