Atul Kumar Rai, CEO and managing director of state-owned financial institution IFCI, has resigned from the company following differences with the government. Rai, whose term was till June 2017, has tendered his resignation, sources said.
In an interview with CNBC-TV18, Atul Kumar Rai, CEO & MD, IFCI said the government's intention of converting the company into a public sector unit (PSU) is very clear.
Atul Kumar Rai, CEO and managing director of IFCI says the environment has been sluggish and acknowledges that the company's profitability has slipped a little.
In an interview to CNBC-TV18, Atul Kumar Rai, chief executive officer and managing director of IFCI said, the company is not among any excluded category and is eligible for banking license.
IFCI's top boss Atul Kumar Rai has been facing some serious heat. The Supreme Court today issued notice to the central government on a plea challenging Rai's appointment as the managing director and chief executive officer of the financial services major.
Atul Kumar Rai, CEO & MD of IFCI in an interview with CNBC-TV18 spoke about the impact of higher interest rates on company's profitability.
Atul Kumar Rai, CEO & MD of IFCI, in an interview with CNBC-TV18’s Latha Venkatesh and Gautam Broker, gave his perspective of the fourth quarter performance and divulged future plans.
In an interview with CNBC-TV18, Atul Kumar Rai, CEO & MD of IFCI spoke about the latest happenings in his company and the road ahead.