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RAMESH SOBTI
IndusInd Bank crisis: CEO exits after Rs 1,959 crore loss disclosure - How bad is it?IndusInd Bank faces turmoil as CEO Sumant Kathpalia resigns after the bank absorbs significant losses from incorrect accounting practices i...- IndusInd's Ramesh Sobti likely to join Aditya Birla Capital's board, pending RBI approvalSobti’s induction which is subject to the Reserve Bank of India’s (RBI) approval, comes after some prominent investors had expressed concer...
- IndusInd Bank denies takeover talks with Kotak Mahindra BankIndusInd Bank promoters, the closely knit Hinduja family, have been engaged in a battle over the family’s assets. 84 year old SP Hinduja, t...
- Can new CEO Sumant Kathpalia steer IndusInd in a storm?Romesh Sobti tried to ensure IndusInd Bank had a wider retail depositor base before he retired. But the current stress will test the bank a...
- Seeing start of credit appetite, especially in the flow to NBFCs: Romesh Sobti"The net slippages have come at 42 basis points compared to 46 basis points last year."
- BHEL complains to Rail Board on tender favouring select companiesThe Integral Coach Factory in Chennai has floated a tender for acquiring propulsion systems for 141 electric trains.
- Vivek Mavani on 3 ways to play the rural theme"Expect volatility at about 10700-10800. The upside is probably limited with focus on stock specifics."
- If oil stays at $70 for a quarter or two, it will affect economy: Devendra Kumar Pant, India Ratings“CPI is likely to be firmer, IIP may show growth”
- The Bharat Financial deal will help improve margins: Ramesh Sobti, IndusInd BankThere are always values in the two businesses and then there are values which are created after the merger through synergy.
- Jaypee Group dents bank profits by Rs 350 crore in one dayET had reported that lenders may receive Rs 4,000 from the Jaypee cement sale, while another Rs 12,000 crore of loans to Jaiprakash Associa...
- IndusInd Bank a 'mega-cap' in the making: Morgan StanleyThe brokerage is overweight on the stock with a target price of Rs 1,600. It expects earnings growth to accelerate and premium valuations t...
- 25-30% growth banking business remain our core focus: Romesh Sobti, IndusInd Bank"Banking space itself gives you a very wide room for growth and this market is expanding very rapidly in spite of the competition," Sobti s...
- Triple threat: HDFC Bank, Kotak, IndusInd are tied in a battle for banking supremacyTwelve months ago, nothing seemed to be going wrong for the industry, which has been saddled with huge bad loans, a stagnating economy and ...
- IndusInd Bank Q2 net up 30% to Rs 560 crorePrivate sector lender IndusInd Bank posted 30.2 per cent increase in net profit at Rs 560.04 crore for the second quarter ended September 3...
- IndusInd Bank to buy RBS's India jewellery financing businessIndusInd has also entered into an agreement with Dutch bank ABN Amro NV to share skills on the diamond business.
- IndusInd Bank Q2 profit up 30% at Rs 430 croreThe net non-performing assets or the bad loans of the bank rose to 0.33% in the second quarter of the current fiscal, over 0.22% a year ago.
- Repo rate likely to go up as September inflation data shoots beyond RBI’s comfort zonePSU banks' may be forced to raise rates, both deposit and lending.
- Head honchos keep work aside for a big slice of lifeWhen you operate in a pressure-cooker environment, burnout can come easily. India Inc’s top guns tell ET how to stay grounded.
- Ranbaxy Laboratories rejigs board, Malvinder is chairmanRanbaxy Laboratories and its new owner Japan’s Daiichi Sankyo on Friday reconstituted a new 10-member board.
- Ranbaxy board recast next week, Malvinder to be exec chairmanRanbaxy Laboratories, India’s largest drug maker by revenue, is set to witness a major board restructuring next week following its takeover...
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