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AJAY KUMAR SRIVASTAVA
Free flow of FCNR(B) money: RBI to bear hedging costs on NRI FX deposits, easing banks’ overseas fundingThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to make these depos...06 Jun, 2026, 12.32 AM IST- RBI to bear full hedging cost on FCNR(B) depositsThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to attract more ove...05 Jun, 2026, 10.02 PM IST
- Indian banks avoid fresh Gulf bets as Iran crisis drags onIndian banks are pausing new business in Gulf countries amid the Iran crisis. Lenders are closely watching existing ties to avoid financial...11 May, 2026, 12.56 AM IST
- Public sector banks rush to build up wealth management assetsThe move is aimed at improving customer engagement as household savings shift from bank deposits to market-linked instruments and risk prod...04 May, 2026, 01.02 AM IST
- Banks create buffers to cover war-related credit risksIndian banks are strengthening their finances. They are creating special funds to handle risks from the West Asia crisis. This proactive st...01 May, 2026, 12.48 AM IST
- Indian Overseas Bank Q4 profit surges 43% on lower provisionsIndian Overseas Bank reported a 43% surge in fourth-quarter net profit, reaching Rs 1505 crore, driven by lower provisions and tax expenses...29 Apr, 2026, 07.16 PM IST
- TReDS tweak to ease MSME credit flow amid global pressureBanks are set to boost credit flow to MSMEs as regulators ease onboarding for the Trade Receivables Discounting System (TReDS). This move a...10 Apr, 2026, 05.59 AM IST
- Bankers welcome RBI’s calibrated stance, regulatory stepsBankers have praised the Reserve Bank's decision to maintain current interest rates. This move, alongside specific industry adjustments, is...08 Apr, 2026, 10.14 PM IST
- Punjab & Sind, IOB plan Rs 7,000 crore share saleIndian Overseas Bank and Punjab & Sind Bank are set to raise ₹4,000 crore and ₹3,000 crore respectively through qualified institutional pla...15 Jan, 2026, 06.29 AM IST
- Indian Overseas Bank plans to open 88 new branches in FY24Indian Overseas Bank is set to establish 88 new branches across India in FY24. The bank recently opned a new branch in Nagapattinam and its...24 May, 2024, 10.06 AM IST
- Indian Overseas Bank elevates Ajay Kumar Srivastava as its MD & CEOPublic sector Indian Overseas Bank has elevated Ajay Kumar Srivastava as its managing director and chief executive officer with effect from...31 Dec, 2022, 04.47 PM IST
- FIR registered in Kanpur against Sahara chief Subrata Roy, family members and group officialsThe case was registered Kakadeo police station on Sunday against Subrata Roy, his wife Swapna Roy, sons Sushanto Rai and Shimanto Rai, daug...30 Nov, 2021, 08.56 PM IST
- UP govt sets up one-man judicial commission to probe Lakhimpur Kheri incidentRetired Allahabad High Court judge Pradeep Kumar Srivastava has been named to enquire into the eruption of violence on Sunday on Tikonia-Ba...07 Oct, 2021, 04.45 PM IST
- Government appoints six new Joint Directors in CBISinha and two other police officers -- Ajay Bhatnagar and Pankaj Kumar Srivastava -- have been inducted in the CBI as Joint Directors, the ...25 Jan, 2018, 01.50 PM IST
- Judge, who sentenced Shahabuddin to life term, transferredSources close to the judge said he had requested for transfer due to "family reasons" and not any "threat".21 Sep, 2016, 09.20 PM IST
- Ajay Kumar Srivastava appointed officer on special duty to UP Chief SecretaryUttar Pradesh Chief Secretary Alok Ranjan has appointed Ajay Kumar Srivastava as his officer on special duty, an offical spokesman said tod...01 Jun, 2014, 06.26 PM IST
- Corporate captains or Babus now turn into authorsA set of senior govt officials have recently brought out books on subjects ranging from anti-dumping & India's export scenario to customs c...05 Aug, 2007, 12.26 AM IST
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