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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Less than two years into his job, the CEO has restored the regulator’s and investors’ confidence in the private sector lender. He now has new growth plans.
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.
While the earnings have been encouraging, the real challenge lies in addressing the slowing deposit growth and leadership uncertainty.
