Indusind Bank: One More Disturbing Lapse of Judgment by the “Banker of the Year”
Romesh Sobti, the CEO of Indusind Bank, was recently crowned ‘banker of the year’ by a fawning business media, despite reporting two consecutive...
804 Views
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...
941 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...
983 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...
902 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