How HDFC Ergo and Zopper scored an own goal with a harebrained scheme
The promise of a full refund on an Apple Watch for those walking 15,000 steps a day has turned into an unmitigated PR disaster for both companies after they failed to keep their word, citing vague and arbitrary reasons.
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The rot at HDFC Bank’s Dubai branch goes deep
The AT1 bond misselling allegations shine a light on the lack of oversight and may end up costing India’s largest private bank dearly.
HDFC Bank charged with ripping off NRI depositors. Now it is set to pay
Allegations of misselling risky AT1 bonds to retail investors come as a new headache for India’s largest private bank. The regulatory backlash could leave a $100 million hole in its books.
High attrition is the bane of India’s private banks
The increasing convergence of sales and service functions, with consequent non-stop pressure to meet targets, has seen employees jump ship in droves. This has the potential to adversely impact the financial institutions’ health.
