THE NEWS SCROLL 17 FEBRUARY 2020 Last Updated at 8:56 PM | SOURCE: IANS
''RBI relaxation led to Uday Kotak gaining over Rs 23,000 cr''
New Delhi, Feb 17 (IANS) The relaxation in norms for private sector banks have resulted in a staggering windfall gain of Rs 23,300 crore to Uday Kotak,...
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,...
An unassuming leader, Prashant Kumar has led an ailing Yes Bank out of the woods on a steep trek to the top. He is exploring acquisitions to grow the bank and stay profitable, while building the deposit franchise
BY SALIL PANCHAL, Forbes India Staff13 min readPUBLISHED: Oct 3, 2022 12:41:45 PM ISTUPDATED: Oct 3,...
Advait Palepu Mumbai 11 January 2022
“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.”
Chloe Cornish
Shareholder activism is here to stay, as many recent instances of pushback at companies like Zee and JSPL have shown. The writing on the wall is clear: If you want to build a public company, investors need to have an equal footing
BY POOJA SARKAR, Forbes India Staff 12 min read PUBLISHED: Sep...
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...
Rohini Mohan, India correspondent
