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Dhanlaxmi Bank

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Banks await RBI approval for appointing second whole-time director

More than half a dozen private-sector banks are awaiting regulatory approval for the appointment of a second whole-time director on their boards. Photograph: Ajay Verma/Reuters In a notification......

RBI directs pvt banks to have at least two wholetime directors

In a move to strengthen governance in private sector banks and wholly-owned subsidiaries of foreign banks, the Reserve Bank of India (RBI) on Wednesday directed them to have at least two wholetime......

'Inputs ignored': Dhanlaxmi Bank independent director resigns from board

Sridhar Kalyanasundaram, an independent director of private sector lender Dhanlaxmi Bank, has resigned from the board with effect from September 16. Photograph: PTI Photo from the Rediff Archives......

Banks post robust credit growth in Q1; deposit mobilisation improves

Reflecting strong momentum in business, commercial banks, including one public sector lender, reported a year-on-year (YoY) growth in advances. Illustration: Uttam Ghosh/Rediff.com This was higher......

Will Dream Run For Banks Continue?

It won't be easy for the banking sector to better its performance every quarter, predicts Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com   Earlier this month, a Business......

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