RIDHIMA SAXENA SEP 14, 2021, 13:31 IST
As part of the merger, Clix Capital Services will also need to take on Suryoday Small Finance Bank’s gross bad loans worth ₹381 crore. That's nearly a quarter of Clix Capital’s own net worth.Both the entities are into completely different lines of business. Suryoday SFB is essentially a...
10 min read . Updated: 24 Feb 2022, 01:14 AM IST Jayshree P. Upadhyay
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...
KATYA NAIDUMAY 29, 2019, 19:43 IST
IndusInd Bank’s provision for losses from IL&FS may be too little too late, according to an analyst.The provision for bad loans in the latest quarter should have come at least eight months ago, says Hemindra Hazari.
To start with, Mumbai-based IndusInd’s profits fell by 62%...
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
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2 min read. Updated: 04 Aug 2020, 10:52 PM IST Shayan Ghosh
It remains to be seen how Jagdishan steers HDFC Bank's Massive loan book of over ₹10 trillion
MUMBAI : With the Reserve Bank of India (RBI) clearing his appointment as the next chief executive of HDFC Bank, Sashidhar Jagdishan, has reached the...
Worried customers have been queuing to withdraw money from India's Yes Bank after the country's central bank seized control of the troubled lender.
The Reserve Bank of India (RBI) said it wanted to "quickly restore depositors' confidence" in the bank.
Depositors with Yes Bank can now only withdraw the equivalent of...
"It is apparent that Yes Bank is the bad boy in the eyes of the regulator," independent banking analyst Hemindra Hazari.
As Deutsche Bank AG veteran Ravneet Gill moves into the 27th floor of Yes Bank Ltd.’s headquarters in downtown Mumbai, he brings the curtain down on one of the...
Adam Tooze Jan 28
Article can be read here
Analysts said that the stringency of the Paytm Payments Bank action,
while directed at a single entity, signals that the bank won’t tolerate lapses.
“This is a warning to the entire sector," said Hemindra Hazari, a banking
analyst in Mumbai
