Now Shayne Elliott to deflect attention from poor ANZ company share price performance wants ANZ to go into India. So ANZ can see no other market of opportunity other than possibly the poorest 1.4 billion people on the planet and possibly, with the noted exception of the communists in Beijing, the most poorly governed 1.4 billion people.
I mean India is not noted for its attitude regarding corruption and Narendra Modi is most entangled with it just see the BBC documentary.
What does Elliott want to do in India? bring the bank to its knees? How will the Australian authorities deal with a bank doing that?
Perhaps ANZ’s license should get limitations on it given India’s record.
ANZ a governance must be improved IMHO. this Half baked India idea can only do the bank more harm than it is already in.
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Price($) | Vol. | No. |
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30.500 | 798 | 3 |
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