Eight top bankers met at the Business Standard Round Table on November 18 in Mumbai to discuss the topic – Banking in Tough Times. The participants were Citi CEO for South Asia Sanjay Nayar, Deutsche Bank India MD & CEO Gunit Chadha, HDFC Bank MD Aditya Puri, Central Bank of India Chairperson & MD H A Daruwala, State Bank India Chairman O P Bhatt, Bank of India Chairman & MD T S Narayanasami, ICICI...
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Private lender Yes Bank onSunday said it will raise about Rs 1,500 crore during this fiscal to fund itsgrowth strategy."By March 2010, we are looking to raise about$200-250 million through Tier I capital via Qualified Institutional Placement(QIP)," Yes Bank MD and CEO Rana Kapoor said at the sidelines of the IndiaEconomic Summit here.Copyright...
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Aluva-based Federal Bank today conducted its business conference, which decided to concentrate on increasing its share of Current Deposits and Savings Bank Deposits (CASA) and also channelise its resources towards recovery of bad debts. The meeting presided over by Bank MD & CEO M Venugopalan reviewed the first half-yearly performance and chalked out the road map for the remaining fiscal. The business...
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Finance secretary calls meeting on Tuesday to discuss liquidity situation.Private sector banks are set to join the rate cut bandwagon. A day before meeting Finance Secretary Arun Ramanathan in New Delhi, senior executives of some leading private bank said the rate could be lowered by 50-75 basis points over the next two to three weeks.Sources familiar with the developments said the finance secretary...
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country's second largest lender, ICICI Bank today entered into an agreement for clearing and settlement banking membership of Singapore Mercantile Exchange (SMX).This will enable ICICI Bank to provide clearing and settlement processing services to facilitate settlement of transactions executed on SMX, a press release said.The membership will also facilitate the bank to provide a platform to the commodity...
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The country's second-largest lender, ICICI Bank, today entered into an agreement with the Singapore Mercantile Exchange (SMX) for providing clearing and settlement processing services to traders on the exchange.The deal would also see the bank provide a platform to the market participants in India and abroad to trade on a global commodity exchange, a press release said.The agreement between the two...
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Oct. 27: Bankers on Tuesday said that the increase in the statutory liquidity ratio (SLR) limit would not impact the liquidity in the banking system in any significant manner.
"The SLR hike will not have any large impact," the ICICI Bank’s MD and CEO, Ms Chanda Kochhar, told reporters here.
The Reserve Bank upped the SLR limit by one per cent from 24 per cent...
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Paternity leave andflexi-time, economic choice and tokenism, Monday afternoon’s debate on‘tapping into female talent’ on Day 2 of the India Economic Summitin dug much deeper than the premise of the day that ‘since women make uphalf of the human capital in an economy, promoting gender parity is more thangood practice, it is good business’.With PepsiCo chairman& CEO Indra Nooyi, ICICI Bank MD & CEO Chanda...
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NEW DELHI: Paternity leave and flexi-time, economic choice and tokenism, Monday afternoon’s debate on ‘tapping into female talent’ on Day 2 of the India Economic Summit in dug much deeper than the premise of the day that ‘since women make up half of the human capital in an economy, promoting gender parity is more than good practice, it is good business’. With PepsiCo chairman & CEO Indra Nooyi, ICICI...
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Police arrested two persons — B. Ravi Kumar and Md. Ajmiya — who allegedly took away Rs. 14,47,500 (all Rs. 500 note bundles) from the ICICI Bank ATM at Peddapuram, on Tuesday and recovered Rs. 14.15 lakh from them.Ravi Kumar, a native of Huzurabad in Karimnagar district is the main accused working as a customer service officer in ICICI Bank at Peddapuram. Md. Ajmiya is his friend belonging to Matlapalli...
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