It is up to the bank management to decide which application gets to interact with the CBS
Banks are not allowed to lend to developers for purchasing land parcels.
The launch was attended by family and friends.
Apart from navigating the bank through the Covid crisis, Jagdishan may also have to deal with the latest development on the auto loan lending practice scam. He will be expected to deliver consistent profit growth of 20 per cent-plus quarter after quarter, irrespective of the operating environment.
The Central Bureau of Investigation on Tuesday registered a fresh case against Kumar Mangalam Birla in coal allocation scam.
Uncertainty lingers in the minds of retail investors due to scams.
In a special series, we will put YOU to the test everyday!
Experts said this would not only reduce Infosys' dependence on the H1B visa, which has seen increased restrictions under the current US administration. It will also help the company in building an employee pyramid for its future operations.
'It can't be a coincidence that he and his family, uncles and all, vanished from India only days before the scam was discovered.'
Given the developments, analysts expect fiscal and monetary support from the government and RBI to revive sentiment. However, recovery, they say, from these levels will be slow and painful.
Celebrities attend an awards show. Looking at the pictures.
A special screening was organised for the beautiful ladies.
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
Top business leaders to raise issues on investment, trade and the rupee
Nandan Nilekani said the co-founders have served the company "selflessly" and remain committed to the long-term success of Infosys.
The settlement with Sebi was seen as Infosys admitting guilt of the lapse, clearing out any legal or regulatory challenges and preparing ground for new chief executive officer Salil Parekh.
CBI conducted raids at over two dozen places including those of senior officials of SBI Mutual Fund, UTI and broker Ketan Parekh for allegedly duping the financial institutions of crores of rupees in the latest stock market scam.
Take this quiz to test your finance gyaan.
'A whole universe of feelings and moods went into them.'
The windfall from RBI may be used to trim borrowing, help fund Rs 3.3 lakh crore capex plan, capitalise banks and provide fiscal stimulus to some stressed sectors, experts and economists said.
The main concern among industry and market experts is that the governance in these companies needs to be strengthened and the focus on social insurance has to come down.
Sukanya Verma looks at Bollywood's cool, curious, bag moments.
Economists advise against it, citing international experiences; business leaders say RBI should allow move for inclusive growth.
Puri gave up the comforts of Citibank to set up a new-age bank from a rat-infested room in the Kamala Mills Compound in Worli, Mumbai and build a marquee brand. A look at his 26-year stint as HDFC Bank's boss.
JM Financial Consultants, Arpwood Capital and Alvarez & Marsal will advise the board going forward
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Countless screen pairs have come together but only few can lay claim to that extra something called chemistry.
In this week's Classic Re-visited special, we look back at Shammi Kapoor and Asha Parekh's 1966 film, Teesri Manzil.
It's screenings galore for Padmaavat!
"The company has been in touch with the Securities and Exchange Commission (SEC) regarding the anonymous whistleblower complaints (anonymous complaints) and has learnt that the SEC has initiated an investigation into this matter. The company will cooperate with the SEC's investigation," Infosys said in a statement.
Cyrus Mistry, who was replaced as chairman of Tata Sons last Monday, October 24, still serves as the chairman of Tata Steel, Tata Motors, Tata Consultancy Services, Indian Hotels, Tata Global Beverages, Tata Chemicals, Tata Industries and Tata Teleservices.
A Kolkata court on Friday rejected the bail prayer of former Calcutta Stock Exchange president Kamal Parekh and extended his police custody till June 24 in connection with the Rs 120 crore (Rs 1.2 billion) scam.
Reader Saloni Parekh has sent us few photographs
Analysts on Wednesday welcomed the Reserve Bank's decision to grant bank licences to Bandhan and IDFC, but expressed dismay that only two of the over two dozen aspirants made the cut.
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