https://www.taxtmi.com/news?id=73895 Banking-sector performance reporting records higher profitability, improved asset quality and lower provisions for bad loans, although operating profit declined and capital adequacy moderated. Corporate governance developments include appointment of a part-time chairman following the former chairman's resignation and concerns about internal practices. The chairman's prior financial-services role was associated with actions against shell companies and ponzi schemes targeting black-money structures. Reappointment of the managing director and chief executive officer remains subject to committee consideration. en-us Sat, 18 Jul 2026 21:31:31 +0530 Sat, 18 Jul 2026 21:31:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73895 Banking-sector performance reporting records higher profitability, improved asset quality and lower provisions for bad loans, although operating profit declined and capital adequacy moderated. Corporate governance developments include appointment of a part-time chairman following the former chairman's resignation and concerns about internal practices. The chairman's prior financial-services role was associated with actions against shell companies and ponzi schemes targeting black-money structures. Reappointment of the managing director and chief executive officer remains subject to committee consideration. News - Sat, 18 Jul 2026 21:31:31 +0530 https://www.taxtmi.com/news?id=73895