Every time there is a resignation of a Senior management of a Bank, it is usually interpreted as some sort of “Signal” for what’s happening inside the Bank.
For Banks and NBFC this is even more true because the truth is, as market participants we JUST DON’T KNOW what’s happening within a bank. It is extremely easy to play with a Bank’s numbers if you were ever so motivated.
Yes Bank being an obvious case in point BUT it happens ALL the time to varying degrees. Lenders are a naughty lot.
There is NO POINT speculating whether VV will resign or not…why the ED resigned, was the real reason something else etc etc…because you will never know beforehand.
I remember when Mr. Ravneet Gill had taken over at Yes Bank CEO, someone told me, “I really like how he’s handling the crisis” and put more than 7 years of his savings in the hopes of a turnaround. That didn’t end well.
How the h*ll do you even know what’s happening inside. It’s all SPECULATION !! and by default we are ignorant…to varying degrees
HOW MUCH we ALLOCATE to a STOCK is a HEDGE Against OUR INHERENT IGNORANCE
If you allocate reasonably well, what the h*ll I care if ED or VV or BB or whoever else resigns. Good for them 
basically what @abrarhh said in 2 lines 
above.
| Subscribe To Our Free Newsletter |
