Hazari told Newsclick: “Except for a few special purpose vehicles which have ring-fenced their cash flows, the entire IL&FS group will be NPA for banks & NBFCs.”
HEMINDRA HAZARI
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HEMINDRA HAZARI
By admin Posted March 5, 2019 In Speaker / Gateway 0
SEBI-registered research analyst Hemindra Hazari brings a lot of fire power to his talks. The cannons...
The Bombay High Court on Monday declined Kotak Mahindra Bank’s plea for a stay on the Reserve Bank of India (RBI)’s December 31 deadline to reduce its promoter stake holding.
This, in effect, would mean that the private sector lender has a little more than 10 days to lower its...
The Yes Bank turmoil came with a one-off solution, but newer banks will not be spared from the infectious effect. And Covid-19 will only hurt retail lending more
BY SALIL PANCHAL, Forbes India Staff 9 min read PUBLISHED: Mar 24, 2020 03:39:36...
G.R. Gopinath DECEMBER 02, 2020 00:15 IST UPDATED: DECEMBER 01, 2020 22:58 IST
They will not only enrich themselves but also crush competition
First, a confession is in order. Would I want to own a bank and have a key to...
“The fine of 20 million rupees is insignificant but the risk of the RBI placing restrictions on the bank has gone up substantially,” said independent analyst Hemindra Hazari
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...
India's richest man's endorsement of Congress candidate Milind Deora is a significant development in the current political climate, say political observers.
NEWS18/04/2019 9:18 PM IST
Chairman...
Former economic affairs secretary Shaktikanta Das has been appointed as the new Governor of the Reserve Bank of India, an order from the Department of Personnel & Training said on Tuesday evening.
Das is a 1980 batch IAS officer of Tamil Nadu cadre and will hold the post for three-year term. He...
Kumar told media that investment in Yes Bank will not hurt SBI's balance sheet. The focus now shifts to Yes Bank earnings, scheduled for March 14
BY SALIL PANCHAL, Forbes India Staff 3 min read PUBLISHED: Mar 7, 2020 02:14:31 PM IST...
