Inside the hot mess that is Poonawalla Fincorp
Three years into its takeover by the Cyrus Poonawalla Group, the NBFC is saddled with a surge in bad loans, runaway expenses and a riven management.
November 06, 2024•10 min
0
November 06, 2024•10 min
0
More in Business
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.
You may also like
Business
News explainers that stood out in 2024
Bluesky vs X, the UAE deluge, Adar Poonawalla’s investment in Karan Johar’s Dharma Productions and more.
Business
Why Adar Poonawalla’s investment in Dharma Productions is surprising but still makes sense
This is a golden opportunity for the vaccine billionaire to acquire half of India’s top production house, owned by filmmaker Karan Johar.
Business
Adar Poonawalla’s super lucky turn
A look inside the very risky bet that has suddenly made the Serum Institute CEO Indian healthcare’s new, controversial poster boy.
