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...
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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...
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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...
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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...
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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...
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