Private sector lender Yes Bank reported a 45 per cent increase in its March quarter net profit to Rs 1,068 crore, with its new managing director and CEO, Vinay M. Tonse, signalling the end of its over six-year-long recovery phase and a readiness to align loan growth with the broader banking sector.
Best in class asset quality, strong retail granularity, and a sustainable return ratio -- these are the things we will look at, says Yes Bank's new MD and CEO Vinay Tonse.
What is the reason behind this drying up of talent for the top post in private banks?
Union Finance Minister Nirmala Sitharaman's call for making lending rates affordable may not resonate anytime soon as banks still struggle with margin compression, and await clues from the Reserve Bank of India (RBI) on liquidity and rate action. Hinting that any lending rate cut was some time away, State Bank of India (SBI) managing director Vinay M Tonse said there was still some aggression in the market regarding deposit pricing.
'The FSIB will conduct interviews for the SBI chairman position on May 21-22 as the tenure of the current chairman Dinesh Kumar Khara is scheduled to end by August.'
Officials of the Central Bureau of Investigation have been handed over two FIRs -- one filed by police at the Lamphel station and the other filed by the boy's father -- Joshua Hangsing -- at the Kangpokpi police station.
An injured eight-year-old boy was killed along with his mother and another relative when an ambulance with the three on board was waylaid by a mob and set ablaze in Manipur's West Imphal district, officials said.
'You will see him frequently asking customers -- especially retail -- about service experience, pain points, areas of improvement and suggestions.'
ZSF President Nengzalian Tonsing, who filed the FIR at Churachandpur police station on July 13, accused Tapta of promoting enmity between different communities.
'It could tempt investors to pick stocks that are not fundamentally sound.'
'Largely, new demat accounts are now being opened by the younger crowd, particularly GenZ.' 'This is great news since younger investors start their journey with very little capital, so they are risking less.'
Rediff reader Heera Nawaz, 57, shares her fond girl gang memories.
After the bond was furnished it was accepted by the court and a release order was issued. She has now been asked to appear before the court on August 23.
The 44-year-old iconic rights activist turned emotional as she licked honey from her palm to end the fast.
Around 1.72 crore voters, including 94.60 lakh men and 77.84 lakh women, are eligible to cast their votes in this round to decide the fate of 635 candidates.
'The Goddesses were a good example to depict how women were looked upon with so much respect which has gradually vanished somewhere.' 'People don't think or believe that whom they are worshipping are like the real women in their lives.'
The woman whose lone fight against the establishment all these long years has only the state machinery to keep her safe from the public whose cause she championed all this while.
