Light & Shadow: Disclosures and Governance in Indian Banks with Hemindra Hazari

In this episode, we are excited to host Insight Provider Hemindra Hazari, discussing recent disclosures of Indian banks, whether for good, as in the case of Yes Bank (YES IN), or ill, as in the case of Axis Bank Ltd (AXSB IN), as well as issues of governance at HDFC Bank (HDFCB IN) concerning the recent downgrade of the Chief Risk Officer. As someone who has covered this space for a long time, Hemindra Hazari stresses the problems of governance, feather-touch regulation, and lack of critical media coverage in the sector.  Video version here: https://skr.ma/AYJF1v6hQGPR3R6DA Hemindra Hazari is a SEBI-registered research analyst with over 25 years of experience in the Indian capital markets, specialising in banking and economy research. He has managerial experience in establishing profitable equities business, leading, and mentoring analysts. He has worked with prominent foreign and domestic capital market firms such as UBS, Societe Generale, HSBC, ASK Raymond James, and Karvy Stock Broking, and is a regular guest on business media channels and is respected for his non-consensus view on stocks and the market. Follow his work at: https://skr.ma/Khrz5Vzj37HdCgnK7 This podcast is provided for general informational and entertainment purposes only, and is not intended to provide financial, investment or other professional advice. Views expressed by third parties do not necessarily represent Smartkarma’s views. Smartkarma assumes no responsibility or liability for the accuracy, compliance or completeness of the podcast or the information it contains. Users should not rely on the podcast or the information it contains when making individual, business or other strategic decisions and should always consult a qualified expert or professional adviser.