News for 'Board of Governors'

Plane carrying Wagner chief who took on Putin crashes, all 10 onboard killed

Plane carrying Wagner chief who took on Putin crashes, all 10 onboard killed

Rediff.com24 Aug 2023

According to Rosaviatsia, the Russian government's aviation agency, an individual with Prigozhin's name was on board.

Govt tweaks rules, 1st division in BA/MA made must for IIM directors' post

Govt tweaks rules, 1st division in BA/MA made must for IIM directors' post

Rediff.com13 Nov 2023

The Centre has notified new norms for the appointment of directors of Indian Institutes of Management (IIMs), making it mandatory for applicants to have first class degrees in both Bachelor's and Master's, along with a PhD or equivalent from a reputed institute.

Bank board picks Dinesh Khara as new SBI chairman

Bank board picks Dinesh Khara as new SBI chairman

Rediff.com29 Aug 2020

Khara will replace SBI Chairman Rajnish Kumar, whose three-year term comes to an end on October 7.

PCB boss unhappy: What really happened in Pak vs India tie?

PCB boss unhappy: What really happened in Pak vs India tie?

Rediff.com17 Oct 2023

Zaka Ashraf back in Pakistan, discussing 'incidents' in India with senior board officials

Why RBI Flagged Small Loans As Risky

Why RBI Flagged Small Loans As Risky

Rediff.com6 Aug 2024

In FY24, loans given out by such firms had topped a whopping Rs 146,517 crore, up by 49 per cent year-on-year and spread over 10.19 million accounts (up 35 per cent).

5 killed, over 100 injured as storm hits Bengal's Jalpaiguri

5 killed, over 100 injured as storm hits Bengal's Jalpaiguri

Rediff.com1 Apr 2024

West Bengal Chief Minister Mamata Banerjee, who rushed to the district late on Sunday night, assured the people of all help from the administration.

Delhi records over 100 mm rains; woman, infant fall into drain

Delhi records over 100 mm rains; woman, infant fall into drain

Rediff.com1 Aug 2024

Six weather stations across Delhi recorded over 100 mm of rain in a single day, the India meteorological department (IMD) said on Thursday, categorising it as an "extremely intense spell".

ED issues 2 summons to Kejriwal, registers new case

ED issues 2 summons to Kejriwal, registers new case

Rediff.com17 Mar 2024

The Enforcement Directorate has issued two summons to Delhi Chief Minister Arvind Kejriwal to appear for questioning on March 18 and 21, official sources said Sunday.

Paytm can continue UPI transactions through 4 banks

Paytm can continue UPI transactions through 4 banks

Rediff.com14 Mar 2024

The National Payments Corporation of India on Thursday granted approval to Paytm-owner One97 Communications Ltd to participate in UPI as a Third-Party Application Provider (TPAP) under the multi-bank model. Axis Bank, HDFC Bank, State Bank of India, and YES Bank will act as Payment System Provider (PSP) banks to Paytm.

Former AAP official Vijay Nair gets bail in excise policy case

Former AAP official Vijay Nair gets bail in excise policy case

Rediff.com2 Sep 2024

In a relief to former Aam Aadmi Party communication in-charge Vijay Nair, the Supreme Court on Monday granted him bail after nearly 23 months of incarceration in a money laundering case stemming from the alleged Delhi excise policy scam, observing that liberty is 'sacrosanct' and needs to be respected in cases involving even stringent laws.

India at doorstep of economic revival, says RBI Governor Das

India at doorstep of economic revival, says RBI Governor Das

Rediff.com21 Oct 2020

Reserve Bank Governor Shaktikanta Das on Wednesday said the country is at the doorstep of economic revival on the back of accommodative monetary and fiscal policies being pursued by the central bank and the government.

Adi Godrej to step down from GCPL board in Sep; to remain as Chairman Emeritus

Adi Godrej to step down from GCPL board in Sep; to remain as Chairman Emeritus

Rediff.com4 Aug 2021

After stepping down from the board with effect from September 30, he will remain as Chairman Emeritus of the FMCG firm, according to a statement issued on Wednesday. The 79-year-old industrialist passed on the baton of GCPL to his younger daughter Nisaba Godrej in 2017 after leading the company for 17 years.

Baltimore mishap: '1 Indian crew sustained minor injury, rest safe'

Baltimore mishap: '1 Indian crew sustained minor injury, rest safe'

Rediff.com27 Mar 2024

One of the 22 Indian crew manning a crippled cargo ship which collided against a bridge in Baltimore has suffered a 'minor injury' while the rest are all safe aboard the vessel, owners of the Singapore-flagged ship said on Wednesday.

65 Ukrainian PoWs among 74 killed in Russian military plane crash

65 Ukrainian PoWs among 74 killed in Russian military plane crash

Rediff.com24 Jan 2024

Officials said that Moscow has dispatched a panel of inquiry to probe into the incident.

Former governor slams govt for meddling in RBI affairs

Former governor slams govt for meddling in RBI affairs

Rediff.com9 Feb 2019

'There is merit in keeping the central bank's balance sheet strong if the government's fiscal balance sheet is weak.'

Fog, cold weather hinder search for Raisi's chopper crash site

Fog, cold weather hinder search for Raisi's chopper crash site

Rediff.com20 May 2024

Hours after an Iranian military commander claimed to have located the crash site of the helicopter carrying Iranian President Ebrahim Raisi, conflicting reports emerged as the head of Iran's Red Crescent Society, Pir Hossein Koulivand, said that rescue teams are still searching the area for the accident site.

Raisi's Instagram post urges Iranians to pray for him

Raisi's Instagram post urges Iranians to pray for him

Rediff.com19 May 2024

Raisi's condition currently remains unknown, Iranian state news agency IRNA has reported, after the helicopter he was traveling in crashed in the country's East Azerbaijan Province.

Biocon CEO to replace Mukesh as IIM-B board chief

Biocon CEO to replace Mukesh as IIM-B board chief

Rediff.com19 Feb 2014

At the meeting of the Board of Governors of IIM Bengaluru held on February 11, the chairperson, Mukesh D Ambani, expressed his decision to step down, IIM-B said.

Additional secretary to replace fin secy in RBI board

Additional secretary to replace fin secy in RBI board

Rediff.com31 Jul 2015

RBI had a board meeting recently.

IIM amendment bill proposing powers to Prez triggers autonomy debate

IIM amendment bill proposing powers to Prez triggers autonomy debate

Rediff.com30 Jul 2023

The bill to amend the IIM Act of 2017 was introduced in the Lok Sabha last Friday amid disruptions by opposition members over the Manipur violence issue.

Yes Bank resolution within 30 days: RBI governor

Yes Bank resolution within 30 days: RBI governor

Rediff.com6 Mar 2020

Defending the timing of Yes Bank's moratorium, Reserve Bank of India governor Shaktikanta Das on Friday assured swift resolution to the issues concerning the beleaguered lender. "The resolution (to Yes Bank) will be done very swiftly, it will be done very fast. 30 days which we have given is the outer limit. You will see a very swift action from RBI," Das told reportters in Mumbai.

Kerala governor Sheila Dikshit hints at quitting

Kerala governor Sheila Dikshit hints at quitting

Rediff.com19 Jul 2014

The former Delhi chief minister said her conscience is clear and she is not scared of anyone.

Uniform KYC Norms On The Cards

Uniform KYC Norms On The Cards

Rediff.com20 Mar 2024

'The committee has been constituted. Different government departments and FSDC members are part of it.'

Three independent members quit Sahara boards

Three independent members quit Sahara boards

Rediff.com8 Apr 2013

All three have cited personal reasons for giving up thepositions.

Delhi's Bawana under water after midnight breach of major canal

Delhi's Bawana under water after midnight breach of major canal

Rediff.com11 Jul 2024

The pictures and videos of the locals wading through waist deep water in Bawana JJ colony area, waterlogged houses, school and hospital went viral on social media even as teams of engineers from Haryana and Delhi worked on a war footing to plug the breach.

Banks, FinTech Need IT Experts Urgently!

Banks, FinTech Need IT Experts Urgently!

Rediff.com14 Feb 2024

Senior bankers point out that while they will eventually attract qualified professionals, onboarding them takes time.

Viral Acharya new RBI deputy governor

Viral Acharya new RBI deputy governor

Rediff.com28 Dec 2016

The 42-year-old Acharya's appointment for a three-year tenure was cleared by the Appointments Committee of the Cabinet.

Americans Must Depend On Hope And Prayer

Americans Must Depend On Hope And Prayer

Rediff.com13 Jul 2024

The two major parties offer the United States choices that are basically unacceptable and the bench strength, such as it is, is not entirely capable of winning popular acclaim, notes Shreekant Sambrani.

Govt wanted Rs 3 lakh cr from RBI ahead of 2019 polls: Ex-Deputy Guv

Govt wanted Rs 3 lakh cr from RBI ahead of 2019 polls: Ex-Deputy Guv

Rediff.com7 Sep 2023

The Reserve Bank (RBI) resisted a 'raid' planned by some in the government to extract Rs 2-3 lakh crore from its balance sheet in 2018 to meet populist spending in run-up to general elections, Viral Acharya, who was deputy governor at RBI at that time, has written.

Arthur, Bradburn and Puttick resign from PCB

Arthur, Bradburn and Puttick resign from PCB

Rediff.com19 Jan 2024

Meanwhile, the sports ministry has asked the PCB not to offer a long-term contract to its incumbent director of cricket Mohammad Hafeez yet, who came into the role after the 50-overs World Cup last year.

RBI deputy governor fires salvo at government

RBI deputy governor fires salvo at government

Rediff.com27 Oct 2018

Governments that did not respect the central bank's independence would sooner or later incur the wrath of financial markets, ignite economic fire, and come to rue the day they undermined the regulatory institution, Deputy Governor Viral Acharya warned.

Modi invites New Jersey Governor to India

Modi invites New Jersey Governor to India

Rediff.com28 Sep 2014

Prime Minister Narendra Modi has invited New Jersey Governor Chris Christie to visit India with a trade mission.

In a first, RBI releases minutes of its October central board meeting

In a first, RBI releases minutes of its October central board meeting

Rediff.com21 Jan 2020

Such minutes will be available within two weeks from the date of its confirmation in the next meeting of the central board and on being signed by the chairman in the same meeting, the RBI said in a statement on its website.

ARC chiefs to meet RBI deputy guvs for seeking clarity on bank borrowing

ARC chiefs to meet RBI deputy guvs for seeking clarity on bank borrowing

Rediff.com16 May 2024

The Reserve Bank of India (RBI) will meet top executives of asset reconstruction companies (ARCs) on Friday to take stock of the sector. During the meeting, ARCs will also seek clarity from the regulator on bank borrowing. While there is no regulatory ban in place, ARC sources said banks often refuse funding.

BCCI's visit to Pakistan: What did they discuss?

BCCI's visit to Pakistan: What did they discuss?

Rediff.com6 Sep 2023

Binny and Shukla travelled to Pakistan following an invitation to members of the Asian Cricket Council

RBI tighten norms for personal loans

RBI tighten norms for personal loans

Rediff.com16 Nov 2023

The Reserve Bank on Thursday tightened norms for consumer credit as it asked banks and NBFCs to assign a higher risk weight for unsecured personal loans, a move aimed at making the lenders more cautious on such advances. The risk weight on unsecured consumer loans has been raised by 25 percentage points. The new regulations, however, will not be applicable on housing loans, education loans, vehicle loans and loans secured by gold and gold jewellery, the Reserve Bank said in a circular.

RBI found gaps in corporate governance at banks despite guidelines: Das

RBI found gaps in corporate governance at banks despite guidelines: Das

Rediff.com29 May 2023

The Reserve Bank has found gaps in banks' corporate governance despite issuing guidelines on the matter, Governor Shaktikanta Das said on Monday. Addressing directors of bank boards, Das said such gaps, which have been mitigated, could have caused "some degree of volatility". He also hit out strongly against "smart accounting" to conceal stress and bloat financial performance.

'Either RBI should have majority in monetary policy panel or governor a veto'

'Either RBI should have majority in monetary policy panel or governor a veto'

Rediff.com25 Jul 2015

'If there is an RBI majority in the committee, there is no question of a veto.'

Amarnath shrine board members resign en masse

Amarnath shrine board members resign en masse

Rediff.com6 Aug 2008

All 10 members of the Shri Amarnath Shrine Board sent in their resignations to Jammu and Kashmir Governor N N Vohra on Wednesday.

Obama nominates Yellen as head of Federal Reserve Board

Obama nominates Yellen as head of Federal Reserve Board

Rediff.com10 Oct 2013

US President Barack Obama has nominated Janet Yellen to head the Federal Reserve Board, describing her as one of America's "foremost economists and policy makers".