The troubled private sector bank is way ahead of its peers in terms of mechanisms to tackle climate risks, but is failing to follow up on its early moves.
Azman UsmaniSubscribe to read this story
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Once considered a panacea for the bank’s troubles, the retail banking segment seems to have become a threat to the private lender’s profitability.
The fintech company is looking to rebuild its financial services business from scratch amid strong regulatory headwinds and will use the IPO’s proceeds to do so.
An industry letter to the central bank has sought clarification on the regulator’s advice to some NBFCs to cease or modify their supply-chain finance products.