What is the reason behind this drying up of talent for the top post in private banks?
India's job market continued its upward momentum in February, witnessing 41 per cent year-on-year growth mainly driven by freshers hiring, a report said on Thursday. In February, fresher hiring rose by 26 per cent year-on-year (YoY) reflecting sustained employer demand for entry-level talent, according to data by foundit (formerly Monster APAC and ME), Asia's jobs and talent platform.
V Vaidyanathan -- managing director and CEO of IDFC First Bank -- is considered one of India's most astute bankers. But who know he was such a good singer?
The interchange fee -- paid by the card-issuing bank when a customer swipes at another bank's ATM, including at white-label ATMs -- may be raised to Rs 20 to Rs 23.
The Enforcement Directorate on Thursday said it has frozen assets worth Rs 143 crore of prominent Kerala-based NBFC Manappuram Finance Ltd's MD and CEO V P Nandakumar after it conducted raids as part of a money laundering investigation. A total of six premises in Thrissur, where the company is headquartered, were covered during the searches that were launched on Wednesday. The case pertains to allegations of money laundering through "illegal" collection of deposits from the public, the agency said in a statement.
Unlike any other business, banking is a turf where the captain's role is the most critical. Often a bank is defined by the personality of the CEO who runs it. Both HDFC Bank and Kotak Mahindra Bank are the creation of their CEOs, notes Tamal Bandyopadhyay.
Sacred portals of the Kedarnath temple were reopened to devotees amid elaborate rituals early on Sunday morning, about a year after the Himalayan shrine was marred by flash floods that had left hundreds of people dead and many others stranded.
The coming years could be exciting for Bandhan Bank, IDBI Bank, IDFC First Bank, Federal Bank, and CSB Bank.
"The main point is managing this growth so as to make it sustainable. Our aim is to grow by at least 25 per cent on-year during 2011-12."
GE Healthcare, a unit of General Electric Company, is eyeing $1-billion sales in the South Asian market over the next five-years, a top company official said.
"Party disciplinary committee will submit the report within 10 days," Shah said.
Snowfall in the higher reaches of Garhwal Himalayas and intermittent rains in lower areas affected the Char Dham yatra on Tuesday with the pilgrimage to the famous Kedarnath shrine suspended till May 16 and yatra to Badrinath halted temporarily.
Several big budget movies, including one for Rs 300 crore on Karna and another Rs 1,000 crore movie based on Bhima, have been launched on the same model.
More than the revenue component, the movies gain hugely in terms of visibility and reach, reports T E Narasimhan.
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