On CEO selection, RBI and private banks do not see eye to eye
The regulator is pushing for incumbents to be replaced with candidates from outside (and shorter tenures), while the banks continue to set store by continuity and stability.
20 June, 2024•11 min
0
20 June, 2024•11 min
0
More in Business
Business
Budget 2026: Green targets, grey solutions
India is betting big on carbon capture and coal gas despite global failures. With a new entrant, the race for Shell’s renewable platform in the country is hotting up. Plus, why the solar relief rally might be premature.
You may also like
Business
CSB Bank’s deposits are a ticking time bomb
The Kerala-based bank has been chasing costly and risky bulk term deposits amid tanking profitability.
Business
Yes Bank’s succession problem is a board problem
As Prashant Kumar’s term runs out, boardroom fault lines have left the lender with no clarity on its next CEO—spooking investors and drawing the RBI’s ire.
Business
Q3 earnings lay bare $5 billion migraine for four of India’s top banks
While the earnings have been encouraging, the real challenge lies in addressing the slowing deposit growth and leadership uncertainty.