Axis Bank’s IT Chief Departs Under a Cloud
Amit Sethi, Axis Bank’s Chief Information Officer (CIO), an individual hand-picked by Chief Executive Officer (CEO) Shikha Sharma, has been asked...
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ICICI Securities Pre-IPO Review - Rise in Volumes Significantly Negated by a Fall in Yield
ICICI Securities Ltd (1191Z IN) plans to raise around US$500m in its IPO via a sell-down by its parent, ICICI Bank Ltd (ICICIBC IN) .In this...
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India Banks – New RBI Circular Is Telling
The Reserve Bank of India (RBI) has just issued on 12 February 2018 a new framework for the resolution of stressed assets. It’s comprehensive in...
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The Reserve Bank of India–Between a Rock and a Hard Place, Higher Yields & Higher NPAs Forthcoming?
The Reserve Bank of India upheld the status-quo by maintaining the liquidity adjustment facility rate at 6%. However, the vote was not unanimous,...
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ICICI Bank, ICICI Prudential Life: Shades of Wells Fargo?
Media reports highlight the rampant mis-selling of life insurance by ICICI Bank and ICICI Prudential Life Insurance in the state of Rajasthan. The...
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