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Does a Bank Do Better under a Foreign Owner?

It appears the Government and the Reserve Bank of India (RBI) have given the green light to foreign investors to take significant stakes in...

Will ICICI Bank’s Chief Stay Another Term? The Market Wants To Know

“ICICI Bank is trading at a higher price to book earnings than HDFC Bank. That is a very big achievement. The stock market has...

India’s $3.9 billion plan to help Modi’s mogul ally after U.S. charges

“This government supports Adani and will not allow any harm or any detriment to come to it,” said Hemindra Hazari, a Mumbai-based independent expert...

India’s Tata Capital makes muted market debut after $1.75 billion IPO

The lacklustre performance of Tata Capital reflects limited investor appetite for quality non-banking financial companies in India, said Hemindra Hazari, a SEBI-registered independent research...

IDBI Bank’s Stakeholder Enrichment Programme Begins at the Top

Privatisation is supposed to increase competition, usher in greater efficiencies, unleash animal spirits, and enrich stakeholders. IDBI Bank’s board of directors appear to have...