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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.
As of the end of December, the lender’s gross non-performing assets ratio was 1.26%, compared to 1.23% a year ago and 1.34% in the September quarter.
The former CEO’s conservative approach helped him steer the bank through a difficult transition. But his reluctance to take on detractors and defend his team left him exposed when controversies erupted.
The Delhi-based group lender has been struggling with mounting losses, driven by the shifting priorities of borrowers and the growing pressure on field staff to meet targets.
A market dominated by speculative activity is enriching sophisticated traders at the expense of retail investors, distorting exchanges and brokerages, and putting household savings at risk.
