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    • For IndusInd Bank, biggest challenge will be to balance growth with credibility: Abizer Diwanji

      The bank's shares have reacted positively, rising over 5 percent on the announcement, as several analysts believe the move could pave way for a turnaround at the bank, after a prolonged turmoil over accounting lapses.

    • IndusInd Bank turnaround may take 3-4 years, growth will take a backseat, says Abizer Diwanji

      The banks' auditors too will also need to do a lot of explaining, said Abizer Diwanji, on how the internal controls failed to spot the 'unsubstantiated balances' in its other assets account.

    • EY Financial Services spearhead and veteran dealmaker Abizer Diwanji steps down

      Diwanji has 26 years of experience in the financial services industry. Prior to EY, he spent nearly 15 years at rival Big 4 firm KPMG, where he started the restructuring practice in India

    • Big Deal: M&A action in financial services

      The financial services space is bursting with transactions but there are many hiccups as well. CNBC-TV18’s Nisha Poddar spoke with Ajay Piramal, Chairman of Piramal Group & Shriram Group about what is brewing at IDFC-Shriram merger. Nisha Poddar also spoke with Abizer Diwanji, Partner, EY India on overall financial space and the mergers and acquisition (M&A) action there.

    • India has among the lowest MF:GDP ratios globally: Report

      India has among the lowest mutual fund investments to GDP ratios in the world at 7 per cent, offering a vast untapped opportunity for MF houses, which can leverage technology to enhance reach, a report said today.

    • Union Budget 2015: Reform oriented stance to address issues in BFSI, says EY

      Union Budget has unveiled measures to deal with stressed assets and better governance and financing in banks

    • Union Budget 2015: Bold steps in BFSI to ensure economic growth, says EY

      Bold steps such as specialised ARC structure, bank investment company can bring in long lasting positive impact on financial services sector. Healthy credit growth will ensure high GDP growth.

    • 49% FDI in insurance can infuse Rs 20k cr in mkt: KPMG

      The select panel on insurance has tabled its report in the Rajya Sabha today.

    • Can right delivery model help each Indian get bank account?

      There have been a lot of deliberations on working out the right delivery model for financial inclusion so that each Indian has access to a bank account. How can we create a low cost delivery model so as to bring the unbanked into the banking fold?

    • New bank license guidelines: Who qualifies & who lucks out?

      Uday Phadke of Mahindra & Mahindra and N Sivaraman of Larsen & Toubro talk about the impact it will have on their respective companies while Abizer Diwanji of KPMG gives his perspective on this development.

    • SWFs Exempt?

      If a proposal put forth in SEBI's recent board meet goes through, Sovereign Wealth Funds will score on foreign institutional investors.

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