HDFC Bank Chair’s Hostile Exit Leaves Board ‘Baffled,” Investors Confused
India’s financial sector has been plagued with governance scandals.
Welcome to the Thursday issue of India Edition; I’m Menaka Doshi . Each week, I bring you a ringside view of the billionaires, businesses and policy decisions behind India’s rise as an emerging economic powerhouse. You can subscribe here , and share feedback with me here .
This week: A storied bank is hit by controversy, a deepening crisis in the diamond industry and a new plug-and-play scheme.