We are almost there ...
HDFC Bank creates another crisis
The private sector bank’s no-holds-barred quest to bump up deposits (and cut back on credit) has only hurt its profitability and put off investors.
26 May, 2024•9 min
0
26 May, 2024•9 min
0
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
Limited time offer $125 $99 for 1 year
SUBSCRIBE
Already have an account? Sign In
More in Business
Business
How the UAE is going electric
There is no dearth of action on the EV front in the country—corporate investments to foreign players coming in and new startups mushrooming. Yet some challenges remain.
You may also like
Business
IndusInd Bank needs the Hindujas to take the wheel
A gaping hole in its books in the midst of a leadership crisis has seriously impacted India’s fifth largest private sector lender. Can its MIA promoters step up and restore the confidence of depositors and investors?
Business
IndusInd’s Sumant Kathpalia has little time to lose
The CEO’s tenure has been extended to no more than a year by the RBI, instead of the three sought by the bank. The regulator’s message is loud and clear: this might be Kathpalia’s last chance at getting his house in order.
Business
Quant Mutual Fund’s Sandeep Tandon is desperate
Mounting concentration risk has forced the fund house to change tack yet again. While shifting focus to small-cap stocks from defensive ones could somewhat help, such frequent switches are less than ideal.