Since founder Kapoor’s departure as managing director and chief executive of Yes Bank, several of these large exposures of the private sector lender have soured.
Livemint | By Gopika Gopakumar, Deborshi Chaki, MumbaiUPDATED ON JUL 30, 2021 02:23 AM IST
Two years after Rana Kapoor’s exit, Yes Bank continues to grapple...
India will likely need to pump in additional capital into any state-owned banks it puts on the block to make them attractive for potential buyers, and faces challenges that range from the need to amend the nation's banking laws to hostile employee unions, analysts say.
Finance Minister Nirmala Sitharaman said...
Independent banking expert Hemindra Hazari, who has studied the governance of banks in India extensively, says that he was “not surprised” that all these events have come to light in recent months, post Puri’s retirement. “Puri was so focussed on achieving targets and getting the ladoo in each business line that compliance took a backseat under his leadership,” Hazari says. Jagdishan is firmly trying to correct this while not compromising on growth. “Jagdishan is doing an honest job.’
Updated: 27 Jun 2021, 10:13 PM IST Gopika Gopakumar, ShayanGhosh
Sandeep Bakhshi took over an embattled bank in late 2018. In just 10quarters, things have changed Since Bakhshi joined, the share of the bank’s corporate loans in thetotal loan book has been almost flat at 24%. Moreover, the bank...
Alexander Sazonov
Bloomberg / Updated: Jun 18, 2021, 07:59 IST
NEW DELHI: Indian billionaire Gautam Adani’s dream run up the global wealth rankings is faltering after a media report raising questions about some offshore investors triggered a rout in his conglomerate’s six listed stocks.
The 58-year-old tycoon has lost more money this week than...
By Nupur Acharya and P R Sanjai June 15, 2021, 10:06 AM GMT+5:30 Updated on June 15, 2021, 5:00 PM GMT+5:30
Confusion over three Mauritius-based funds that whipsawed shares of companies controlled by Indian billionaire Gautam Adani this week has underscored a deeper risk for investors in such stocks owned by opaque entities.
Shares of Adani’s...
Hudson Lockett in Hong Kong, Benjamin Parkin and Stephanie Findlay in New Delhi
Fortunes of billionaires Mukesh Ambani and Gautam Adani soar past likes of Alibaba’s Jack Ma
India’s industrial moguls Mukesh Ambani and Gautam Adani have swept past the likes of China’s Jack Ma in global wealth rankings as the fortunes of leading billionaires in...
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