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PRALAY MONDAL
Banks likely to go all out to attract diaspora investmentRBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity...
Banks eye loans against mutual funds to tap young customersIndian banks are increasingly offering loans against mutual funds. This move targets younger, tech-savvy customers who prefer market-linked...
CSB Bank cautious on gold loans, focuses on wholesale business, says MD Pralay MondalCSB Bank, a lender backed by Prem Watsa, is adopting a cautious stance on gold loans following global uncertainties. The bank intends to sh...
Global uncertainties impact gold loan prices; so CSB will remain cautiousIn light of recent fluctuations in gold prices prompted by international unrest, CSB Bank is reassessing its approach to gold-backed lendin...
CSB Bank cautious on gold loans, focuses on wholesale business, says MD Pralay MondalCSB Bank is turning cautious on gold loans amid price volatility linked to geopolitical tensions. The lender expects slower growth, shiftin...
CSB Bank Q3 profit stays flat at Rs 153 crore amid higher slippagesCSB Bank reported flat Q3 profit as higher provisions and sharp slippages offset strong loan and deposit growth. Shares fell sharply amid e...
Fairfax-backed CSB Bank reports 16% YoY rise in net profit to Rs 160 croreFairfax-backed CSB Bank reported a 16% YoY rise in Q2 profit to ₹160 crore, driven by higher interest income and 16% NII growth to ₹424 cro...
CSB Bank plans to open first rep office in DubaiCSB Bank, backed by Fairfax, is set to expand overseas for the first time with a representative office in Dubai. This move aims to better s...
IndusInd Bank to expedite search for a new CEOET had reported in March the IndusInd board has hired global executive search firm Egon Zehnder to assist in identifying candidates for bot...
CSB Bank should be able to grow around 50% faster than the system: MDPralay Mondal says: “We should be able to do anywhere between 30% and 50% faster than the system. We should be able to sustain through the ...
RBI approves appointment of Pralay Mondal as CSB Bank's deputy MDPralay Mondal, who has three decades of banking experience with several top lenders such as Axis Bank, HDFC Bank and YES Bank, has been wit...
CSB Bank strengthens senior leadership, aims for 30% growthWhile continuing to bank on gold loans as primary growth driver, the bank is set to target opportunities in the SME, two wheeler and secure...
Axis Bank transformation head Naveen Tahilyani quits to join Tata AIA as India headSenior level exodus at Axis Bank continues with Naveen Tahilyani, Group Head in charge of transformation, quitting, making it at least the ...
Veteran banker Pralay Mondal heads to Prem Watsa’s CSB Bank as PresidentET has reported on June 15, that Pralay Mondal had quit Axis Bank merely a year after joining as its retail head. Sources indicated that Mo...
Veteran banker Pralay Mondal quits Axis Bank to pursue other opportunitiesPralay Mondal was hired as part of Axis Bank chief Amitabh Chaudhry’s effort to strengthen the top deck of the bank, after he took over the...
Axis recommends Mondal as third executive directorMondal joined Axis Bank in April and is the group executive and head of retail banking.
Yes Bank senior group president Pralay Mondal resignsMondal, who had joined Yes Bank in 2012, was one of the two senior officials who were elevated to the post of Executive Directors in Septem...
Axis Bank said to hire veteran banker Pralay MondalThe Reserve Bank of India (RBI) had turned down another term for Shikha Sharma, the then MD and CEO Axis Bank.
Yes Bank claims credit card book crosses Rs 250 crore, with 2 lakh usersThe new card, which is also the maiden bank tie-up done by Mastercard for its 'World Elite' programme, involves selecting 2,500 millionaire...
Yes Bank enters credit card space, eyes #3 slot in 4 yearsAt a time when lenders are sticking to their own customers to sell credit cards, the bank plans to seek customers from outside for the unse...