League of legends: Indian bankers who created investor wealth

​​Kotak along with Deepak Parekh, Aditya Puri, and KV Kamath played a pivotal role in development of these financial giants including Kotak Mahindra Bank, HDFC, HDFC Bank, and ICICI Bank, respectively, creating outsized wealth for investors. ET looks at how the four lenders grew under the tenures of these leaders.

Sebi asks AIFs to frame governance code

The Securities & Exchange Board of India (Sebi), which does not want any blowup in these alternative investment funds (AIFs) that have emerged as one of the country’s fastest-growing asset classes, has asked the industry to find ways to discipline the bad actors.