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FOREIGN LENDERS RESIGN
Talent fight heats up in India finance hub as two chiefs quitGIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resig...- From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
- HDFC Bank's review finds no major governance concerns after chairman Atuna Chakraborty's exit, sources sayHDFC Bank's governance review is nearing completion. Law firms are expected to report no significant issues. This development paves the way...
- Financial services bear maximum brunt of late-March FPI sell-offFinancial services bore the brunt of foreign investor selling in the latter half of March, with outflows exceeding ₹60,000 crore, the highe...
- Rs 61,000 crore FII sell-off hits bank stocks. Cheap enough for you to buy now?Foreign investors divested a massive Rs 60,655 crore from Indian bank stocks in March, a significant portion of their total equity withdraw...
- FIIs dump 48 crore HDFC Bank shares as stock crashes 26% in March quarterFIIs offloaded nearly 50 crore shares of HDFC Bank in Q4 as the stock slumped 26% amid a governance crisis triggered by the exit of former ...
- HDFC Bank chairman's sudden exit exposes leadership strains at top Indian lenderHDFC Bank's chairman Atanu Chakraborty resigned citing values and ethics differences. This led to a significant stock drop and put CEO Sash...
- HDFC Bank calls in external lawyers as governance storm follows Chakraborty resignationHDFC Bank has appointed external law firms to investigate the resignation of its former part-time chairman, Atanu Chakraborty. Chakraborty ...
- Credit Suisse’s AT1 Bond Crash Fueled Leadership Crisis at HDFCHDFC Bank's chairman resigned over "ethical" differences, sparking market turmoil. The rift reportedly stemmed from disagreements on accoun...
- HDFC Bank sacks 3 senior executives over Credit Suisse AT1 bond mis-selling allegationsHDFC Bank has addressed client onboarding issues at its Dubai branch. Personnel changes were made following an internal review. This action...
- More trouble brewing? HDFC Bank fires 3 executives for mis-selling bonds, says reportHDFC Bank fired three senior executives, including Sampath Kumar, over alleged mis-selling of Credit Suisse AT-1 bonds to NRIs. The controv...
- HDFC Bank: What exactly was it? Atanu Chakrabarty's shock exit baffles global investorsHDFC Bank's stock plunged after chairman Atanu Chakraborty resigned citing ethical concerns. Investors expressed disbelief during a call wh...
- Byju's US lenders appeal insolvency-quashing order before India's Supreme CourtUS-based Glas Trust, representing some lenders of a Byju's group company, on Aug. 7 filed an appeal before India's Supreme Court, challengi...
- Top Sri Lankan delegation to meet IMF officials in WashingtonEarlier, Former Finance Minister Basil Rajapaksa was scheduled to visit Washington for the meeting with IMF to seek a debt re-restructuring...
- Nitin Bagamane resigns as COO of Coffee Day Enterprises due to personal reason“Due to personal reasons, Nitin Bagamane might not be able to devote his full-time and service to the company, and hence served his resigna...
- Etihad representative quits Jet Airways BoardKamark’s exit comes as Jet faces two probes while its lenders look for investors to save the airline.
- YES Bank drops by record in dollar bond marketLosing an investment-grade score is rare among Indian private sector banks.
- YES Bank shares plunge 12% on Moody’s downgradeMoody’s downgraded YES Bank's FCBs by two notches to non-investment grade.
- 5-10 bank chiefs, including an MNC, in the fray to head Yes BankThe search committee has had three meetings since it was constituted and the last was on Tuesday, the sources said.
- HDFC Bank may correct 4-5%, some see an opportunity to buyIn the past one year, HDFC Bank shares climbed more than 20 per cent.
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