One thing is for sure: It smacks of the regulator's lack of confidence in the bank's board, points out Tamal Bandyopadhyay.
The ED in April provisionally attached Rs 7.27 crore funds of the actor under the PMLA apart from Rs 15 lakh cash as the agency called these funds as "proceeds of crime".
'Indian macro conditions have never been better, and many businesses will safely compound earnings over the next five years.'
A list of at least 20 individuals has been sent to the immigration department to prevent them from flying overseas.
The I-T department said NuPower's balance sheet did not substantiate the high premium paid by Singapore-based DH Renewables for its shares, and suspects it could be a case of round-tripping of unaccounted income by NuPower.
Bobby Deol delivers, but Aashram 3 does not, observes Namrata Thakker.
Chanda Kochhar has been ranked as the most powerful woman in the Asia Pacific region by fortune magazine.
In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy
The bank's overall exposure to the 40 select accounts referred by the Reserve Bank to be resolved under bankruptcy laws is Rs 15,229 crore
The actor sizzled in white as she strode the ramp at India International Jewellery Week 2017.
Mili establishes Janhvi Kapoor as an actor striving to be taken seriously, observes Sukanya Verma.
India's top banker Chanda Kochhar shares valuable life lessons in a letter to her daughter.
SBI's Bhattacharya is ranked second on the list, while ICICI's Kochhar is 5th and Axis's Sharma is 19th in the Fortune list
The 36-year-old actor has been questioned two-three times by the agency in the said case earlier.
The Jan-Dhan accounts are zero balance accounts, comes with a life cover of Rs 30,000 per person, and an accidental cover of Rs 100,000. An active user of the account can also get overdraft facility of Rs 5,000 from banks.
Chief executive officers (CEOs) are known not just for their outstanding capabilities, they are also famous as style icons.
Ranjan was nominated to the board of ICICI Bank on April 7
South Asia has the highest gender inequality in the world, says Kalpana Kochhar.
It is alleged that Chandrashekhar to purchase gifts for Fernandez used illegal money, extorted by cheating high-profile people including former Fortis Healthcare promoter Shivinder Mohan Singh's wife Aditi Singh.
Archana Kochhar showed her latest line inspired by the spirit of Mumbai.
The hottest new-age fashion trends and celebrity style straight from the runway.
These women are building billion-dollar brands, calling the shots in the financial markets, and crisscrossing the globe to broker international agreements and provide aid, the magazine noted
ICICI Bank chief Chanda Kochhar believes, India can grow if decisions on investment policy are taken quickly.
The government on Wednesday notified its decision to permit 100 per cent foreign direct investment (FDI) under automatic route in the telecom services sector. In a press note, the Department for Promotion of Industry and Internal Trade (DPIIT) said foreign investment in telecom services will be subject to the condition of Press Note 3 of 2020. Accordingly, cases requiring prior government approval under the provisions of Press Note 3 will continue to be in place.
Governor Raghuram Rajan lowered the benchmark repurchase rate to 7.75 per cent from 8 per cent, the first reduction since May 2013.
The boxer made for a knockout model at Archana Kochhar's show
Archana Kochhar showed on Day One at the Lakme Fashion Week. Femina Miss India Ankita Shorey was the showstopper for Kochhar's show that was attended by celebs such as Celina Jaitley, Bhagyashree, Parvathy Omanakuttan, Yukta Mookhey and Ayesha Takia among others.
The government on Wednesday announced the appointment of veteran banker K V Kamath as chairperson of the newly set up Rs 20,000 crore development finance institution NaBFID to catalyse investment in the funds-starved infrastructure sector. Parliament had in March cleared the National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 to support the development of long-term non-recourse infrastructure financing in India, including the development of the bonds and derivatives markets necessary for infrastructure financing.
As she begins her second term as MD & CEO, Chanda Kochhar wants the bank to grow more than the industry not by taking on more risk but by building a strong base of customers and shunning the pell-mell marketing of credit card and personal loans to newcomers.
Kumar said the Commission will follow the time-tested methods of consultations and consensus building in bringing about any reforms and will not shy away from tough decisions, according to an Election Commission (EC) statement.
However, the remuneration of Puri and Kochhar are not strictly comparable as the two banks follow different accounting practices.
Six Indian women have made it to Asia's most powerful women list released by Forbes.
The actor unveiled a new bridal collection for Archana Kochhar.
While the rich and famous from across the world have assembled in Davos for their annual talk-fest and networking for business, many top Indian business leaders like Mukesh Ambani and Rahul Bajaj have given this year's WEF Annual Meeting a miss.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
If India grows at 8 per cent, the Indian banks will grow much faster.
A special show celebrating love for animals.
We bring you sizzling glimpses from the Blenders Pride Fashion Week, which debuted in Indore recently.