Swati Bhat, Nupur Anand 4 MIN READ
MONEY NEWSJULY 14, 2019 / 7:32 PM /
DHFL reported a net loss of 22.23 billion rupees ($324.3 million) for the quarter ended March 31, in a regulatory filing late on Saturday. It also said it had defaulted on the interest payments...
Chloe Cornish
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As Hemindra Hazari, a Sebi-registered independent research analyst, has pointed out in his report, “Bank boards have clear-cut policies on the approval powers of all the staff, which have to be followed. As the CEO and ED report to the board of directors, they have to be in compliance with...
The RBI wants to see improved governance from private banks through proposed rules that limit the roles and tenures of CEOs. But will they work?
BY SALIL PANCHAL, Forbes India Staff 7 min read PUBLISHED: Jul 6, 2020 05:12:39 PM IST UPDATED: Jul 7, 2020 01:31:39 PM IST
In November 2018, three independent directors...
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 impact. Banks, which in recent years had turned their focus from...
BHAKTI MAKWANA NOV 8, 2021, 12:46 IST
