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  • South Indian Bank board approves appointment of PR Seshadri as MD and CEO

    Seshadri has been appointed for a period of three years with effect from October 1, 2023

  • RBI approves reappointment of N Kamakodi as MD, CEO of City Union Bank for 3 years

    Kamakodi will be the MD and CEO of the Bank for a further period of three years with effect from May 1, 2023

  • South Indian Bank hires Hunt Partners to look for new MD & CEO, says Murali Ramakrishnan

    The current MD&CEO, Murali Ramakrishnan’s tenure will end on September 30, 2023

  • Interview | We see green shoots in private capex, a key part of our business: Venu Nuguri of Hitachi Energy

    Hitachi Energy is aiming to reach a double-digit operational EBITDA margin in the medium term, says MD and CEO

  • Godrej Consumer Products: Can the new CEO take the company to the next level?

    Double-digit growth for GCPL comes on the back of household insecticide, hygiene and value-for-money products

  • Budget 2016-17 brought back focus to rural economy: Bandhan Bank

    The Budget for fiscal year 2016-17 has brought back the focus to rural economy and rightly so as this segment has been experiencing a tough time following two years of insufficient monsoon, says Chandra Shekhar Ghosh, Founder, MD and CEO, Bandhan Bank.

  • Stocks in news: Mindtree, BEL, Punj Lloyd, Wockhardt, Delta

    Tata Motors | Mindtree | Bharat Electronics | Punj Lloyd | GAIL | Wockhardt | Asian Paints | IndusInd Bank | Allied Blenders | Delta Corp and Man Industries are stocks, which are in the news today.

  • Selection process to select 5 PSB chiefs: Day 1 concludes

    Today was the screening test of the 26 candidates shortlisted for the post of managing director (MD) and chief executive officer (CEO) of five public sector banks.

  • Exide tanks to 2-year low on dismal Dec quarter earnings

    Revenue for the quarter declined to Rs 1,301.4 crore from Rs 1,462.1 crore in corresponding quarter of last fiscal.

  • YES Bank Q4 net up 34% on higher interest income

    Leading private sector lender Yes Bank on Wednesday reported a forecast beating 34% year-on-year jump in its fourth quarter net profit to Rs 272 crore, aided by robust interest income. It is planning to raise $ 400-500 million in June either through global depository receipts or qualified institutional placements.

  • Budget 2012: The focus on infrastructure is laudable, says CARE Ratings

    The focus on infrastructure is laudable as are the schemes relating to tax benefits on the finance part which should help to garner funds too.

  • RBI credit policy: Not sure of rate cuts from April, says Federal Bank MD

    Policy is on expected lines. The Reserve Bank has not made any major announcement. This mid term policy has only given indication as to what is likely to happen in the coming quarters, according to Shyam Srinivasan, MD and CEO, Federal Bank.

  • CEO Spotlight: Engineer-turned-banker Sobti's journey

    An obedient son of an army officer, he enrolled for an engineering course in deference to his father’s wish. But after completing that, he opted for a career in banking, a choice that surprised many. After 35 years of dealing with intricacies of debit and credit, the astute banker now leads a promising new generation bank.

  • ICICI Bank launches dual platinum credit card

    India’s largest private sector lender ICICI Bank on Tuesday launched a platinum credit card christened as Rubyx in partnership with American Express, a company engaged in the credit card and travel services and MasterCard, the payment gateway provider. The new credit card offers dual benefits wherein a cardholder will receive two cards.

  • IndusInd tightens loan parameters to improve asset quality

    Amid concerns of rising non-performing assets in the banking industry, Hindujas-promoted IndusInd Bank has embarked on measures to tighten its credit appraisal process to ensure better asset quality. According to Romesh Sobti, MD and CEO of the bank, it is extending corporate loans mostly to existing customers instead of adding new ones.

  • Arun Prakash Korati is the new CEO of Axis Private Equity

    Axis Private Equity Limited, a 100% subsidiary of Axis Bank, announced today that Arun Prakash Korati has become the acting CEO of Axis Private Equity, a 100% subsidiary of Axis Bank.

  • Infra loans from banks: Too much lending too soon?

    India’s top bankers, S Sridharan MD of SBI and Shikha Sharma MD, CEO of Axis Bank, in an exclusive interview on CNBC-TV18, detail if infrastructure loans given by banks could lead to asset liability mismatches, a greater chance of bad loans or if it is too early to worry.

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