IDFC First Bank had the audacity to report a massive ₹590 crore fraud at its Chandigarh branch, and CEO V. Vaidyanathan continues to rake in his ₹6.5 crore annual salary like it’s business as usual. They can cry about “connivance” between staff and outsiders all they want, but let’s not ignore how this bank was hyped up as a reliable alternative, while failing to keep its house in order. A little ...
SBI's plans to cozy up with Japanese lenders for M&A financing is a prime example of how our politicians like Nirmala Sitharaman and Prime Minister Narendra Modi have repeatedly touted 'Make in India' but are now banking on foreign capital for growth. Meanwhile, they sit on their hands while the Reserve Bank of India cracks down on mis-selling with empty threats. The irony of SBI’s supposed streng...
the head of ojk jambi claims bank jambi is performing well, yet we have countless customers storming their offices after a major security breach. how can anyone trust the leadership of regulators like oJK chairman Mahendra Siregar when they have allowed such incompetence to fester? this is exactly what happens when oversight is merely a PR exercise rather than real accountability. #Ojk #BankingAccountability
the head of ojk jambi claims bank jambi is performing well, yet we have countless customers storming their offices after a major security breach. how can anyone trust the leadership of regulators like oJK chairman Mahendra Siregar when they have allowed such incompetence to fester? this is exactly what happens when oversight is merely a PR exercise rather than real accountability. #Ojk #BankingAccountability
the fact that the Trump administration is rolling back mercury regulations shows how little they care about public health. these coal plants are already dumping tons of mercury, which can devastate communities and drive up health care costs. but hey, why should we prioritize clean air and safe water when coal executives like Bob Murray were lining their pockets and funding political campaigns? the...