New suggestions says corporates may become promoters of banks. They could also make NBFCs more competitive, and generate more interest for banking licences
BY SALIL PANCHAL, Forbes India Staff5 min read PUBLISHED: Nov 21, 2020 09:23:16 AM IST UPDATED: Nov 21, 2020 10:31:58 AM IST
The Reserve Bank of India’s internal working group (IWG) has,...
“It is a positive development. It should be followed up with the criminal action because disinformation by banks is criminal under section 46 (1) of the Banking Regulation Act 1949,” said independent banking analyst Hemindra Hazari.
Securities lawyer Sandeep Parekh has accused SEBI analyst and The Wire columnist Hemindri Hazari, who also happens to be a columnist at the Wire, of writing a slanted opinion piece on HDFC Bank's process to determine the new MD based on established falsehoods
OPINDIA STAFF FEBRUARY 4, 2020
A SEBI Research...
Chloe Cornish
Entire article can be read here
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
...
To read the entire article (paywall) please click here
Hemindra Hazari, a banking analyst, adds that “after that story should have gone and told ”. Hazari, however, adds that “we do not know what other communications there were , and short of a court judgement confirming these allegations...
By Bhuvan BAGGA November 22, 2024
Read article here
The audit income of Deloitte, EY, PwC, and KPMG could be hit due to the new capping and mandatory joint audit norms. They are auditing more than a dozen non-bank lenders and will have to give up many clients to comply with the mandate of the regulator.
Mannu AroraETCFOMay 03,...
Chloe Cornish
