US Firms’ Class Action Suits: HDFC Bank’s Auto Loan Malpractices Have Hit the Fan
US law firms, Rosen Legal, Pomerantz and Schall have filed class action suits (here, here and here) against HDFC Bank. The grounds are that HDFC...
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Indian Banks and NBFCs: Noteworthy Trends and Updates
In this insight we bring key thematic/industry insights across the Indian Banks and NBFCs segment, based on management interactions, industry/media...
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RBL Bank – Too Much Lending
India remains in the throes of its own bank crisis. This is well before virus, shutdown. The partial nationalization of Yes Bank (YES IN) in recent...
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India Banks – An Open Wound
It is unclear which bank or NBFC will be next. Dewan Housing Finance (DEWH IN) went bankrupt last year. IL&FS went bankrupt the year before....
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Yes Bank: Bungling the Rescue May Lead to Further Crisis
The Reserve Bank of India’s (RBI) draft scheme for the reconstruction of Yes Bank (YES IN) is unlikely to restore the confidence of the bank’s...
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