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.
May 26, 2024•9 min
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May 26, 2024•9 min
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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.
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The rot at HDFC Bank’s Dubai branch goes deep
The AT1 bond misselling allegations shine a light on the lack of oversight and may end up costing India’s largest private bank dearly.
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Bajaj Finance’s Rajeev Jain has a lot of work to do
India’s leading NBFC wants to double its loan book in the next four years by focusing on areas neglected by others. The managing director has a plan for both achieving this growth and fixing its succession crisis.