EDITOR-IN-CHIEF

Greed is good,” reasoned Gordon Gekko, the reptilian investment banker in the 1987 Hollywood hit, . Of late, a few Indian bankers seem to have embraced that flawed logic. A fatal combination of ambition, greed and corruption has led to a series of failures of Indian banks, with disastrous consequences for India’s financial institutions and economy. They include cases of outright fraud, such as Nirav Modi’s collusion with bank officials to allegedly defraud the Punjab National