Vaghul takes over as ARC chief

ICICI Bank chairman N Vaghul is heading the country's first asset reconstruction fund ARC of India Ltd, floated by ICICI Bank, Industrial Development Bank of India, State Bank of India, Housing......

Chanda Kochhar named ICICI Bank CEO

The ICICI Bank board, on Friday, named joint managing director and CFO Chanda Kochhar as the bank's chief executive officer and managing director. She will take over from K V Kamath, the bank's......

Can FM tell banks to cut interest rates?

Finance Minister P Chidambaram has asked PSU banks to keep rate hikes in abeyance. Hence, banks might have to roll back hikes that were announced recently. Industry veteran N Vaghul believes that......

Air-India may shelve low-cost airline plan

Air-India may shelve its plan to begin a low-cost airline. The Air-India board of directors has set up a special committee headed by N Vaghul, ICICI Bank chairman, on Saturday to take a final view......