Rohini Mohan India Correspondent PUBLISHEDSEP 26, 2021, 4:47 PM SGT BANGALORE - With unpaid corporate loans at a record high in India, the government has set...
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...
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...
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...
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.’