Either the excess bonds were bought April 1-12, 2019, for which there is no data, or, perhaps, that Infina purchased an additional Rs 41 crore worth of electoral bonds from the secondary market and deposited it with a political party.

RBI's move to curb Paytm Payments Bank's operations highlights how independent directors align themselves with promoter interests when there is a dominant shareholder on the board. But things are changing with proxy advisory firms ensuring that these individuals no longer go unpunished.

The matter calls for reactivating the stakeholders’ relationship committee, which has traditionally confined itself to shareholder grievances. As banks play a critical role in the economy, the role of the SRC needs to be strengthened.

Ashok Vaswani's selection was unexpected, as the media had reported the shortlisting of two internal candidates for RBI's approval.

The toxic work culture is symptomatic of larger issues in the sector, such as setting unrealistic sales targets, poor leadership development, and lack of communication skills. These factors are not always publicly discussed by the senior management.

Nearly one in two employees left the bank during FY23.

It is praiseworthy that Axis Bank plans to gradually increase female participation in its work force. What is less praiseworthy is that in the last three years, female staff attrition has been higher than male attrition.

The report not only reveals the unusual causes of SVB’s failure, but, most importantly, repeatedly highlights the failure of the Fed in not taking action sooner.

It is a concerted move to defeat the spirit of the RBI directive, which aimed to control the influence of a founder-CEO after the individual’s tenure had ended.  

The fact that the RBI supported the administrator’s actions in the court case indicates that, in all likelihood, it had orally instructed him to proceed.

The fact that the investors ultimately received their funds from the FMP’s investments, albeit with a delay, should not absolve the conduct of Kotak AMC.

Jay Kotak’s appointment comes with questions for the private banking sector, which has mostly eschewed the dynastic tendencies of old-school India Inc companies.

It is difficult to read the regulator's scathing order and not wonder what on earth the NSE board was doing.

An account of K.R. Shenoy's life gives us glimpses of a significant phase of Indian banking, one which had far more dynamism than it usually gets credit for.

The bank’s official explanation of a technical glitch needs to be examined, by the RBI, which should commission a probe.

The RBI’s decision on April 26, 2021 to curtail tenures of bank chief executive officers and executive directors may finally lead to Kotak relinquishing his post at the end of 2023.

The central bank's decision to not spell out a rationale does little in terms of adding to the ownership debate.

The sacked employees feel that they have been given a raw deal, which may have a demoralising impact on the bank's workforce.

Indusind Bank was pulled up for NPA divergence for two years, and yet two media houses thought it was appropriate to award its CEO with a 'best banker' award.

The RBI’s recent reply to KMB’s writ petition provides compelling evidence to justify its stance in forcing Kotak to reduce his stake in the bank.