E&Y Affiliate Barred: Why Are Banks Addicted to Delinquent Auditors?
Corrigenda: There is an error in this insight. Please note the correction. Correction: In the second paragraph in the summary below, "... B S R...
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The Deferred Tax Bomb
While the market is commending banks like ICICI and Axis Bank for cleaning up their balance sheets with aggressive loan loss provisions, what is...
650 Views
Sell-Side Analysts’ Blind Faith in IndusInd Bank Need Not Blind Investors
Indusind Bank not only declared 4QFY2019 results far below consensus expectations, but FY2019 net profits have been inflated by a significant...
524 Views
ICICI Bank Internal Memo: Explains the Credit Appraisal Fiascos at Select Private Banks
An internal memo of an anonymous former senior official of ICICI Bank’s risk management department, publicised by the Indian Express, provides a...
677 Views
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...
821 Views