Did RBI bungle DHFL’s resolution?
Bankrupt DHFL is the first financial services firm to be put through a formal debt resolution process. A year later, the case is an indictment of the regulator.
14 January, 2021•12 min
0
14 January, 2021•12 min
0
More in Business
Business
Exclusive: IndusInd Bank ropes in Kiran Gadhari as new CDO
The former Axis Bank executive replaces Charu Sachdeva-Mathur, whose tenure was marked by allegations of toxic behaviour
You may also like
Business
Ujjivan has to change its DNA for a universal banking licence
Cutting its decades-old reliance on microfinance loans is the only way the SFB can meet the regulator’s conditions for transitioning to a full-fledged bank
Business
Karnataka Bank urgently needs a permanent CEO
For the past three months, the Mangaluru-based private sector lender hasn’t had a full-time chief executive. But finding a successor is as important as fixing the bank’s worrying financials.
Economy
What does the RBI’s new rule mean for corporate acquisitions?
Indian banks have been allowed to fund M&As, but the framework will matter as much as the opportunity.
