#adityapuri begins during Vibrant Gujarat 2013 meet in Gandhinagar with Modi as CM, were Puri announced opening of 250 rural-semi urban branches in his 3 minute address to the participants in presence of Modi, but he forgot that Modi has a habit of reviewing n follow-up..(next )
Forget 250, #adityapuri did not even reached to 200 branches till 2017, in Gujarat, but continued impressing / fooling with his announcement of supporting Modi on demonetisation n even called economists opposing ‘ notebandi ‘ as fools in a Economic Times interview in 2016 Nov....
Than came the #MeToo movement, where his Group of Private Banking Group Abhay Aima was accused of wrongdoings by a Mumbai based girl on twitter, quoting female members of his PBG team, questions were raised to #adityapuri n his daughter @_Amrita_Puri was also tagged by activist..
The girl who initiated this #MeToo agnst Abhay Aima, suddenly vanishes deleting her twitter handle, her old screenshot here 👇 #adityapuri rides the #MeToo storm by his connection to Mumbai media ( @vineetjaintimes holds 2-3% residual stake in @HDFC_Bank ) n Abhay Aima survives..
@narendramodi announces his ambitious #Mudra scheme and expects full support from Private Bankers n here #adityapuri starts playing smart, his Group Head - Jimmy Tata sends subtle message to his team, that we not in the game of MUDRA, n bank staff starts misguiding customers....
staff of the Bank alerts @FinMinIndia on @HDFC_Bank reluctance to do Mudra Loan n the bank in hurry releases a global mail on how to tackle the mystery shopping done by Mudra team frm @FinMinIndia as per screenshot here, bank defends that they are Pvt Bank than why Mudra....
@PMOIndia n @narendramodi @RBI are constantly updated by the infractions n arrogance of @HDFC_Bank on supporting Modi’s initiative n how a team under @SmitaHDFCBank is targeting Govt accounts without supporting #Mudra scheme, meanwhile Puri gets overconfident n targets his No.2..
Paresh Sukhthankar, the suave face of the bank who is also MD designate n his successor, he is ignored n mocked in VC’s n meetings, n he quits abruptly, @RBI smells rat but is silent, a MD designate resignation is not taken lighty by regulator, a first of its kind in Banking...
N overconfident #adityapuri starts mocking payment wallets like @Paytm n calls their business model unviable, but has no reply on why his wallet ‘ Payzapp ‘ failed n his stake in ‘ Chillar ‘ evaporates on loss, in a award ceremony he faces @vijayshekhar n poses with him....
Further to create a positive environment n to influence @DasShaktikanta @RBI he again releases his self-appreciating book by @TamalBandyo Bank by Buck 2.0, same old stories of Jimmy-Arvind-Louis-Neeraj-Bhavesh, flattery finds a now low, sources say the sale of the book dives...
#adityapuri a self-professed fan boy of Wells Fargo group, which gets into trouble with US regulators for questionable business practice n fudging numbers. In many official mails Puri had advised his staff to emulate @WellsFargo n its practices, staff starts mocking him in pvt...
After successfully eliminating his rivals n successor ( Paresh Sukhthankar ) #adityapuri puts a question mark on his succession plan n quietly elevates Bhavesh Jhaveri and Sasi Jagdishan on board, so in case of any eventuality he can count on their support in a board war.
In a media interaction with @latha_venkatesh n @dugalira RBI governor shows his annoyance on #adityapuri n Ramesh Sobti for their antics to impress him, and ask them to retire gracefully like legend Sunil Gavaskar, which comes out as a last straw n market pounds his scrip......
To pre-empt any mischief on behalf of #adityapuri to hang-on further @DasShaktikanta throws a googly and ask @HDFC_Bank to refrain frm appointing Sashi Jagdeeshan n Bhavesh Zaveri on board till the new successor is settled. cc @sugataghoshET @andymukherjee70 @NeerajHDFCBank
Hanging around at helm, and pushing @RBI to the limits but n alert @PMOIndia n @FinMinIndia was #adityapuri’s undoing. His scorched earth policy in sabotaging succession planning will boomrang on the institution which he created n the successor will have tough time in managing...
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