3 min read. Updated: 29 Oct 2020, 09:39 AM IST Tauseef Shahidi , Nikita Kwatra Indian CEOs are increasingly likely to ‘resign’ rather than retire, a Mint analysis shows Top Indian corporate leaders last fewer years in office than politicians do. A chief executive officer or managing director of an average BSE 500 company...
Experts say the appointment of an additional director on its board is RBI's way of having its eyes and ears in the bank  BY SALIL PANCHAL Forbes India Staff2 min read PUBLISHED: May 22, 2019F Rama Subramaniam GandhiImage: Aniruddha Chowdhury / Mint Via Getty ImagesIn an unprecedented development for Yes Bank, Rama Subramaniam Gandhi,...
Author Gaurav Raghuvanshi Rebecca Isjwara DBS Group Holdings Ltd.'s ambitions to grow in India may get a leg up after the nation's central bank proposed it take over Lakshmi Vilas Bank Ltd., an ailing local lender, by infusing 25 billion rupees of additional capital. LVB, a 94-year old lender based in...
By Andrée Schupp, in New DelhiPublished on  05/11/2022 at 18:00
Sucheta Dalal 22 April 2021 On 10th April, The Times of India published a report to say that major banks, including State Bank of India (SBI), Bank of Baroda, Bank of India and HDFC Bank, had moved the Supreme Court (SC) of India to recall its six-year old judgement of 2015, which...
Yashwant Sinha, Prashant Bhushan and others on Cobrapost’s Expose on what they claim is “India’s biggest financial scam.’Posted by The Quint on Tuesday, January 29, 2019 An investigation by Cobrapost claims, Dewan Housing Finance Corporation Limited (DHFL) through layers of shell companies allegedly siphoned off Rs 31,000 crore out of total bank loans...
By Stacy Meichtry, Shan Li, Krishna Pokharel and Weilun Soon Feb. 1, 2023 1:22 pm ET Read the article here
While the media was occupied with the government’s sudden move to replace the board of Infrastructure Leasing and Financial Services (IL&FS), another drama was playing out at the swanky headquarters of the firm.  The Serious Frauds Investigation Office (SFIO) was primed to spring into action, even as the government moved...