Who is to blame for the Karvy debacle?
The scam around pledging of client securities without consent has set off a blame game and consequent crackdown by SEBI. But are the checks and balances good only till the next fraud happens?
13 September, 2021•16 min
0
13 September, 2021•16 min
0
More in Business
Business
Mankind needs to get its mojo back
Once a stock market darling, the pharma company is bearing the brunt of a costly acquisition.
You may also like
Business
Bira shareholders plan an EGM to oust the founder
A management shakeup may be in the works at the beleaguered beer brand, as investors and lenders want to remove founder Ankur Jain and his family from the board.
Business
Ujjivan has to change its DNA for a universal banking licence
Cutting its decades-old reliance on microfinance loans is the only way the SFB can meet the regulator’s conditions for transitioning to a full-fledged bank
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.