Bleak Future for Indusind Bank
Indusind Bank’s reckless decision to provide a Rs 20 bn (8% of the bank’s capital) unsecured bridge loan to IL&FS, an insolvent infrastructure...
938 Views
Is IL&FS the Only Cockroach in Indusind Bank’s Portfolio?
Post the public disclosure of bank borrowings by the board of IL&FS, where the scale of Indusind Bank’s unsecured exposure to the insolvent...
982 Views
Memo to Indusind Bank CEO: Read RBI Circulars
Ramesh Sobti, CEO, Indusind Bank, is a veteran banker with 43 years’ experience. He recently went on record to defend the bank’s substantial bridge...
901 Views
Are IndusInd Bank’s Credit and Risk Departments Run by Financial Illiterates?
Indusind Bank, one of the stock market darlings and foreign investor favourites, startled the capital market with a mere 5% rise in net earnings....
2.9k Views
Extraordinary Indulgence: RBI Lets Kotak Write His Own Timetable
A staggering notional loss to non-promoter shareholders in a bank, and corresponding gain to the promoter, should normally be a matter for speedy...
994 Views