What’s In a Sur­name?

The Economic Times - - Companies: Pursuit Of Profit -

Val­labh Bhan­shali’s ap­point­ment to RBI’s west­ern board is a glo­ri­ous re­venge for the vet­eran stock bro­ker. In 2010, RBI had re­fused Bhan­shali a po­si­tion on the Axis Bank board, due to his broking back­ground. RBI de­spised the broking busi­ness since the com­mu­nity was blamed for harm­ing the cen­tral bank’s rep­u­ta­tion. “Maybe the ad­di­tion of an ‘H’ in his sur­name did the trick,” quipped a banker.

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