/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Despite having a tenure without any distractions, and without any new focus area, SBI has somehow stagnated under the present chairman.
In October 2020, State Bank of India’s current chairman—Dinesh Kumar Khara—took over the reins of the country’s largest public sector lender from his predecessor, Rajnish Kumar. He has now completed two years at the helm.
As he completes two years, SBI’s stock price is up about 3x, as of Tuesday’s close. In the same period, the S&P BSE Bankex index is up just 1.8x. And the bank’s nearest rival—private sector lender HDFC Bank—has seen its shares rise just 1.27x during this time.
While, on the bourses, the stock of SBI saw massive growth, the actual growth in its business has …
Atanu Chakraborty’s resignation does not appear as damaging as the bank’s response to it. The ‘all is well’ narrative needs an independent audit.
The technology investor’s move to pour Rs 2,000 crore into the online travel aggregator comes as a surprise. Can ixigo live up to the promise of becoming India’s next big travel platform?
India’s largest lender is going out of its way to grow its mutual fund business at the cost of shareholders, raising questions of corporate governance.
