If my information on ⁦Credit Wise Capital⁩ is correct then this loan Hazem Emam% has not seen disbursal n its still on sanction stage only. This lending pact with Hdfc Bank is just used an a trophy / achievement to attract future investors basis this deal. moneycontrol.com/news/business/…

"Imitation gets applause, Originality builds legacies" - AMIT ANAND BIVALKAR

Deloitte India was hired who leaked the draft copy of ReserveBankOfIndia audit report to me on foreign visits by Sr management, Boston Consulting Group is advising on merger blues n debt management n J.P. Morgan is looking for buyer of Axis Finance. Consultants have good time under Amitabh Chaudhray.

Excerpts frm recent story by Furquan Moharkan on HDFC Bank AT-1 bond scam. If Bank management has n iota of self respect n shame they should make good the loss to NRI customers. Btw how Jimmy Tata ( CCO ) approved Credit Suisse AT-1 bonds as eligible security for lending ? Surprise

Time for ReserveBankOfIndia RBI Says intervention cc DFS DIFC Khaleej Times Nirmala Sitharaman Nirmala Sitharaman Office

Yes. Mody the HR Head has resigned yesterday

Atleast Bank should pay to the grieving customers its a big loss. N recover frm Rakesh Singh ( GH - Private Banking )

Can anyone believe after reading this any bank of repute will ever consider the AT-1 bonds of Credit Suisse as n eligible security to lend under its Loan Against Securities (LAS) product. But HDFC Bank who prides itself as some super prudent bank did. Meet the CCO Jimmy Tata (R)

If you ever had a doubt why an XYZ fund is buying into a sky high valuation IPO or any other fund raise- its either kickbacks to fund manager or part of a combined deal to get the investment banking deal to the group entity.

The open n shut case of Lilavati Hospital Trust vs Sashi Jagdishan of HDFC Bank was initially seen as a frivolous attempt by a defaulter to defame the Bank,case still on in hearing stage in Bombay HC for last three hearings n SC has thrown out SJ requests for quashing the FIR.

Despite the collapse of YES BANK n its AT-1 bonds story in March 2020, HDFC Bank n its CCO Jimmy Tata exhibited no prudence n approved Credit Suisse AT-1 bond as eligible collateral against which the Bank can sanction loan to its HNI’s n that also just n year after in 2021

Tagging aalesh who is the founder. One Mokashi who is nominee on the board Credit Wise Capital also on board of Saraswat Bank ethics committee. This Fintech itself has n ethical governance issues vis-a-vis its vendor, business model is flawed. Doing TW loans in tier 3/4 towns.

MOST IMPORTANT JOB SKILLS 2025

Similar fate awaits for Payzapp of HDFC Bank which had been relaunched three times. Even employees don’t transact through it. Majority of banks have failed spectacularly against Paytm GPay, PhonePe n burned good amount of money.

Remuneration vs attrition of key CHRO’s of private sector Banks. Shamelessly accountability proof. cc Axis Bank HDFC Bank ICICI Bank IndusInd Bank ( Courtesy : Article by Hemindra Hazari )

He has smartly no where mentioned extreme pressure of cross selling of Insurance n CASA by Pvt sector banks to earn non fund base revenue. His god father Aditya Puri ( he has written two books on him ) of HDFC Bank is the mastermind in introducing this toxicity in Banks in 2000

Ashok Khanna’s legacy never dies in Auto Loan HDFC Bank Sales guys at the level of RSM ( AL ) investigated by RIC / Vigilance for trading Used Car leads with third party DSA’s like Gaadi.com n Cardekho.com . How much you shower ESOPs old habits never die

Hope consultant knew the fate of Wells Fargo n reputation it carries. Fan boy of Wells Fargo Aditya Puri use to forward global mails on achievements of this discredited Bank n BM’s used to frame those articles in their cabin. After the fiasco of WF all such articles pulled down.

One senior banker called me and quoted during casual conversation that what type of CCO HDFC Bank n his team of underwriters can approve the AT-1 bonds of discredited Credit Suisse Bank as a collateral security for margin funding in first place. Hope our Jimmy Tata is listening.

The HDFC Bank saga continues cc 𝓡𝓪𝓳𝓪𝓷 𝓜𝓮𝓱𝓻𝓸𝓽𝓻𝓪 🇮🇳