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Nayak Committee Saw Axis Bank

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Govts should give up control in banks: McKinsey

It has been argued by many experts and also the previous United Progressive Alliance government that the country needs banks of global size In a presentation on global best practices in the banking......

Why splitting banks' CMD post is a half-baked move

The finance ministry has ignored some of the more substantive recommendations of the P J Nayak committee report P J Nayak, former chairman and managing director of Axis Bank, is one of the......

Reforms plan fires PSU bank stocks

But experts say govt has hardly given up control in these entitiesShares of public sector banks, led by Bank of Baroda, rallied sharply on Monday, defying the overall weakness in the market. The......

Why private bankers prefer giving top jobs at public banks a miss

One of the reasons why private bankers don't head a public sector bank is the lack of autonomy, according to banking industry experts. Earlier this year, a large public sector bank (PSB) with a......

How UTI Bank flourished under Nayak

If we try to define the ownership of UTI Bank, the outcome will be somewhat hazy. It falls into a unique category created when the Reserve Bank of India issued licences to new banks in the 1990s -......

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