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The apartment has a total saleable area of 4390 sq. ft and comes with three car parking slots.
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Sharma, a veteran banker, has close to 40 years of experience. She was earlier at the helm of Axis Bank for nine years, preceded by a stint as the MD and CEO of ICICI Prudential Life Insurance from 2000-09.
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She will help the company to bolster its global payments business.
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"Shikha Sanjaya Sharma has been appointed as an additional director, categorised as independent, on the Board of Dr Reddy's Laboratories Ltd for a period of five years, effective January 31, 2019," the company said in a filing to the BSE.
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KKR is expected to make the announcement on January 31, later in the night.
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After Shikha Sharma, Bank's deputy MD V. Srinivasan has also decided to quit in December by not seeking an extension of his three-year contract
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The central bank’s handling of the Yes Bank case leaves much to be desired
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Analysts said the first task on hand for Chaudhry is to change systems and processes while working with existing senior executives
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At a time when the entire banking industry is grappling with bad loans menace, the new leader at Axis should not kill the goose that is probably poised to lay the golden egg
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The three names have been recommended in order of preference for approval by the RBI, a release by bank said.
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The current crisis in the Indian banking sector – thanks to the soaring NPAs -- has created a vacuum for funding sources.
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On Monday, global rating agency Fitch expressed doubts about the corporate governance standards at ICICI Bank, amid allegations of impropriety against Chanda Kochhar
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The move comes against the backdrop of persisting concerns over mounting Non-Performing Assets (NPAs) in the banking system.
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With the Reserve Bank doing away with all the past dispensations to resolve the bad loan problem, and voting for initiation of insolvency proceedings against erring borrowers, there is a need to strengthen the National Company Law Tribunals (NCLTs), she said.
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The Most Powerful Women in Business outside the US list, which was topped by Banco Santander group Executive Chairman Ana Botin, placed ICICI Bank's Kochhar at the 5th spot while Axis Bank's Sharma has been ranked 21st.
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Earlier this week, a news report suggested that Tata Sons’ Chairman N Chandrasekaran has sounded out Sharma to hire her as head of Tata’s financial services vertical. The bank had strongly denied the reports
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In Q1FY18, Axis Bank’s net profit dipped for the sixth straight quarter by 16 percent to Rs 1,306 crore
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In FY17, Kochhar got a remuneration of Rs 7.85 crore, which included a bonus of Rs 2.2 crore, according to ICICI Bank's annual report.
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"There are layers of process (in resolution). What the ordinance is doing is that it is cutting that layer off then having to go back to the board. It is forcing a decision mechanism because it is saying that if 60 per cent agree, rest have to fall in line," she told reporters here.
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The bank's gross addition to NPAs reduced to about Rs 4,800 crore in the fourth quarter from the peak of more than Rs 8,000 crore in the second quarter.
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Shikha Sharma, CEO and MD of Axis Bank, told graduating students of IIM-A to wisely make three important choices including that of a life partner that will shape their lives.
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"Yes we are planning to open an international finance branch at GIFT City," Sharma said when asked about the bank's plan regarding the GIFT City.
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The bank, in an exchange notification, clarified that the information on MD & CEO Shikha Sharma resigning was false.
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"..The news appearing in section of social media stating the impending resignation of the MD & CEO of the Bank, which please note is false, speculative and is being circulated with the mala fide intention of misleading the investors and the general public," Axis Bank said in a clarification to the BSE.
