/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
An unprecedented number of top executives are set to retire from the bank, amid dangerous levels of stress on its books and concerns over shareholding.
The central bank’s shift to a 100% collateral requirement threatens to erode leverage, reduce volumes and force a consolidation across prop desks.
Atanu Chakraborty’s resignation does not appear as damaging as the bank’s response to it. The ‘all is well’ narrative needs an independent audit.
The Kerala-based bank has been chasing costly and risky bulk term deposits amid tanking profitability.
