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...
May 8, 2020
Indiabulls Housing Finance is back to business after its failed proposed merger with Lakshmi Vilas Bank. But experts say financial institutions may not lend to company given its current market scenario
BY SALIL PANCHAL, Forbes India Staff 3 min read PUBLISHED: Oct 18, 2019 03:17:04 PM IST UPDATED: Oct 18, 2019 06:53:38 PM IST
...
“Once a bank is put under a moratorium, its deposit franchise is irrevocably eroded, as banking is all about trust,” Hazari wrote.
SEBI's action followed the release of a report written by eminent research analyst Hemindra Kishen Hazari.
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...
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.
BY CHARLIE CAMPBELL / SINGAPORE
JANUARY 30, 2023 6:00 AM EST
Article can be read here
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...
