Ira Dugal @dugalira Apr 27 2021, 7:46 AM IST Apr 28 2021, 4:20 PM IST When seen over cycles, it can be said that every bank has its year. In the early 2000s and until a little after the global financial crisis, it was ICICI Bank Ltd. that was grabbing the growth. Then...
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...
For the last three years, HDFC and Kotak Mahindra Bank have individually received more complaints than the all-banks average of 1.4 complaints per branch. Shruti Jain BANKING Jaipur: India’s private banks were once again the worse performers in terms of customer satisfaction, according to the annual report of the banking...
An independent banking analyst Hemindra Hazari wrote a report questioning the corporate governance practices of companies which have employed her.
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...
“Groups that are perceived as politically connected can still tap the banks for loans,” says Hemindra Hazari, a Mumbai-based banking analyst. “If you are any other highly stressed group, then it is difficult for you.”