In this wide-ranging chat on India’s “Private” Banks where no one (including the Reserve Bank of India (RBI)) can tell who the real owners are, how their Chief Executive Officers are chosen and why the masters are keeping quiet on the transgressions of their CEO.
The exact shareholding details are listed in the form of graphs at the end of this post. GDR, Global Depository Receipts are counted as Foreign investment.
The need of the hour is:
Here are the shareholding details of the three biggest Private Banks in India.
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In your haste to sensationalise, you guys have quoted very high wrong PE in the case of ICICI and Axis bank,,their 52 week high is almost 40% what you have quoted.
Scoundrels form team to loot people shamelessly.There is no law to haul them up.
Even if there are laws,govt.has no courage to take action.
Even if there is a political will to take action,bureaucrats will ensure no case move forward.
If bureaucracy shows will,cases will not be heard in courts for decades.
Simply pathetic!