Till recently, there were animated discussions on privatization of India’s bad debt-laden public sector banks. As we approach the 49th anniversary of bank nationalization, the…
Indian Economy & Finance Blog by Tamal Bandyopadhyay
Till recently, there were animated discussions on privatization of India’s bad debt-laden public sector banks. As we approach the 49th anniversary of bank nationalization, the…
This is a joke. In September 2008, just after the collapse of Lehman Brothers Holdings Inc., at a parent-teacher meeting at a Brooklyn middle school,…
Five years back, LIC Housing Finance Ltd, the mortgage subsidiary of Life Insurance Corporation of India (LIC), had applied to the Reserve Bank of India…
On 12 June, the shareholders of Yes Bank Ltd at its annual general meeting passed a resolution with “overwhelming majority” reappointing its managing director and…
Mumbai: Finally, ICICI Bank Ltd’s boss Chanda Kochhar did what she should have done earlier. On 1 June, reacting to a Mint report that the independent board members…
On 1 June, reacting to a Mint report that the independent directors of ICICI Bank Ltd asked managing director and chief executive officer (CEO) Chanda Kochhar to go on…
The untold story of the creation, near-destruction and the resurgence (under a new management) of the world’s second listed microlender, SKS Microfinance Ltd, may not…
Bashing our banks, particularly the government-owned ones, which roughly have 70% market share of assets, has become a favourite pastime for many. Instead of going…