Private sector lender Bandhan Bank on Friday said its founder, managing director and CEO Chandra Shekhar Ghosh has tendered his resignation. Ghosh would retire from the services of the bank as MD and CEO upon completion of his current tenure on July 9, 2024, the bank said in a regulatory filing. "After leading the bank for almost a decade, including three consecutive tenures as MD & CEO, I feel that the time has now come for me to assume a larger strategic role at Bandhan group level," Ghosh said in a letter addressed to the board.
Jannayak Janta Party, which had emerged as the kingmaker last assembly polls, was decimated this time round, while the Indian National Lok Dal also failed to create much impact, with prominent leaders of both outfits Dushyant Chautala and Abhay Singh Chautala losing their seats.
Two bills that lay down the mechanism to hold simultaneous elections were introduced in the Lok Sabha after a fiery debate on Tuesday, with the opposition terming the move 'dictatorial' and Law Minister Arjun Ram Meghwal asserting that the legislation would not tamper with the powers enjoyed by states.
'The critical event signalling a new era for India was Dr Singh's 1991 Budget in which he quoted Victor Hugo to say that no power on earth could stop an idea whose time has come,' recalls T N Ninan.
Both the Houses observed a two-minute silence in memory of the former prime minister
The vehicle used by the attackers of Dalit leader and Bhim Army chief Chandra Shekhar Aazad was recovered from a village in Uttar Pradesh's Saharanpur district, the police said on Thursday.
'The Casa ratio is at 33.4 per cent, which has to keep improving. Right now, there is a bit of liquidity pressure in the market.'
Bandhan Bank's managing director (MD) and chief executive officer (CEO) Chandra Shekhar Ghosh (pictured), who has decided to step down, on Wednesday said the bank will need at least three months to identify his successor. He has also written to his employees, asking them "not to worry" over his surprise decision. "Whatever, our experience in the earlier selections, when we selected two executive directors on the basis of that experience we need a minimum three months of time for selection of candidates and then it will go to RBI and then whatever is the time taken by RBI for approval," Ghosh said.
The Bihar government has asked staffers of the state education department not to wear casual outfits such as jeans and T-shirts in the office as the ongoing practice goes against the culture at workplaces.
Partha Pratim Sengupta, who will be taking charge as the MD & CEO of Bandhan Bank in early November, has his task cut out. The Kolkata-based lender, which converted itself from a microfinance institution to a universal bank, is in its 10th year of operation. The bank was able to cut down the share of the micro loan book over these years.
So, he approached Rajiv Gandhi and the then president Venkataraman and was advised by both to accept it only if no other job was available.
On the 106th birth anniversary of this great partiot, the least we -- a generation of Indians who enjoy our freedom without really valuing it -- can do is remember men like him who paid with their lives to achieve that freedom.
BIf you know this BJP, it will now go forward to Jharkhand and Maharashtra as if June 2024 never happened, notes Shekhar Gupta.
'Chandra Shekhar used to say that some people may oppose such a decision from their mouth, but all will accept it from their heart as the best solution to the dispute.'
A revealing excerpt from Mani Shankar Aiyar's fascinating new book, The Rajiv I Knew.
For her a competition, be it the World Cup or the Paralympic Games, is just an extension of her training regimen, which has to be followed to the tee.
Bureaucrats taking up private jobs is another kind of Public Private Partnership, one that needs careful handling.
The youth -- their dreams of government jobs unfulfilled -- are voicing their frustration.
President Droupadi Murmu on Saturday approved 139 Padma awards including seven Padma Vibhushans, 19 Padma Bhushans and 113 Padma Shris.
The BSP has not entered into any alliances and has also been keen to shed the tag of being a 'B-team' of the BJP.
The police added that the demonstrators haven't taken any permission from the police to hold the protest.
The response was tepid in other parts of the country even as several INDIA bloc parties as well as other non-BJP outfits extended their support to the bandh.
Worried by a spate of suicides by hanging, the authorities in the coaching hub of Kota have taken a desperate measure -- ordering hostels to install a spring device on ceiling fans to stop students from taking their lives.
Ganesh Joshi also credited Prime Minister Narendra Modi for the smooth conclusion of Rahul Gandhi's Yatra in Jammu and Kashmir.
The Janata Dal-United supremo, however, also appeared annoyed with parliamentary board chief Upendra Kushwaha who had recently jumped the gun with the insinuation that the RJD could be trying to 'further the Bharatiya Janata Party's agenda' by refraining from taking action against the minister.
The Supreme Court Collegium headed by Chief Justice of India N V Ramana has recommended to the Centre 15 names of judicial officers and advocates for appointment as judges in the high courts of Delhi, Patna, and Andhra Pradesh.
Banda chief judicial magistrate Bhagwan Das Gupta appointed Garima Singh, additional chief judicial magistrate (MP-MLA Court Banda) as the investigating officer in the case, the official said.
Holidays on Ram Navami and Janmashtami, associated with the most popular of Hindu deities Lord Rama and Lord Krishna respectively, have been done away with and on the other hand, the number of days requiring schools to remain shut for Muslim festivals has been increased, Modi alleged.
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
'They were very vocal on the defence of the Constitution, reservation, SC/ST Act and democratic rights.'
'Leave aside the negative fallouts of phraseology like 'urban Naxals' and 'terrorists', both the BJP and the Congress have to re-discover themselves in the context of the 2024 election results, including those of the upcoming ones for Maharashtra and Jharkhand,' observes N Sathiya Moorthy.
'Just because the NDA has a majority and the BJP is the single largest party does not mean that this Modi government enjoys a majority in the Lok Sabha.' 'It is always possible that some members (of the NDA and even the BJP) may defect, some members may not want him to be the prime minister and they might vote differently (against Modi) in the confidence vote.'
With the strain and anxiety of the longest Lok Sabha polls now behind the leaders, governance, with consensus, is the next step.
While sitting MPs are entitled to use the railways' first class air-conditioned or executive class for free, their spouses too can avail free travel under certain conditions.
In a strongly worded statement, Kumar deplored the journalist-turned-politician's participation in a function where "even your Chairman, the Honourable Vice President, was not present".
A bench of Justices DY Chandrachud and JB Pardiwala said the petitioners will be able to supplement the grounds of challenge in the pending petitions.
Kolkata's creme de la creme turned up at the launch of Bandhan, The Making of a Bank, but the evening nevertheless had an informal touch typical of the young bank with CMD Chandra Shekhar Ghosh personally welcoming the dignitaries, reports Indrani Roy/Rediff.com.
'Modi 3.0 will have more balanced policies like one saw in Modi's first term.'
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