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...
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
As sluggish economy hits retail sector, banks face increasing loan stress
BY SALIL PANCHAL, SAMAR SRIVASTAVA 3 min read PUBLISHED: Jan 31, 2020 09:26:51 AM IST UPDATED: Jan 31, 2020 09:33:35 AM IST
The economic slowdown is starting to reveal its real...
Grappling with bad loans, weak loan growth and leadership uncertainty, its valuation is under pressure
Prathamesh Mulye
Getty images
It’s now an accepted fact that Indian banks leave too much to be desired...
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...
Moneylife Digital Team10 January 2020
Uttam Prakash Agarwal, an independent director and chairman of the audit committee of the board of Yes Bank has resigned, while making certain observations on the governance of the bank. While confirming the resignation, Yes Bank has said,...
3 min read. Updated: 16 Dec 2019, 12:38 AM ISTShayan Ghosh
As many as 10 banks disclosed they had under-reported NPAs of close to ₹24,000 crore in the year ended 31 MarchThe country’s largest lender, SBI, reported the largest bad loan divergence so far this year,...
The second such case at SBI puts the auditors' role under scanner; SBI becomes the 10th bank to falter in reporting non-perfoming assets based on RBI guidelines
BY SALIL PANCHAL, Forbes India Staff 2 min read PUBLISHED:
Dec...
Infosys’ stock closes 16.21% lower at ₹643.30 at the end of Tuesday’s trade over allegations of unethical practices by CEO Salil Parekh and CFO Nilanjan Roy.
By NEHA BOTHRA, Oct 22, 2019 4 min read
Information technology (IT) giant Infosys’ stock took a...
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...
