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...
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
By Abir Dasgupta
Chris Kay
The regulatory action started after a report by a SEBI-registered analyst Hemindra Kishen Hazari highlighted concerns about Axis Capital’s high-risk transactions earlier this year.
A registered research analyst's article had flagged the irregularity in Axis Capital's (ACL's) handling of a non-convertible debenture issue to the market regulator.
It was an article by Hemindra Kishen Hazari, titled "Is Axis Capital an Investment Bank or a Hedge Fund" and dated January 16, 2024, that brought the...
By Siddhi Nayak
August 28, 2024
...The "legacy" of asset quality issues at the two banks would also feed into the cost of acquisition for the prospective foreign buyers, said independent research analyst Hemindra Hazari.
