Delhivery January-March operating revenue jumps 30%; net profit flat at Rs 72 croreDelhivery's operating revenue surged 30% in the January-March quarter. The express parcel business saw a significant volume increase. Howev...
SFIO widens probe into IndusInd Bank; summons audit firms over ₹2,000 crore derivatives irregularitiesThe Serious Fraud Investigation Office is investigating IndusInd Bank's derivatives portfolio. Major audit firms associated with the bank o...
Takeshi's Castle on Amazon Prime Video: See what commentators Romesh Ranganathan and Tom Davis say about working togetherRomesh Ranganathan is collaborating with fellow comedian and podcast host Tom Davis in the Takeshi's Castle 2023 reboot on Amazon Prime Vid...
Adani Green Energy board appoints Romesh Sobti as an additional directorSobti is the former Managing Director & CEO of IndusInd Bank (tenure from 1 February 2008 till 23 March 2020). He is a career banker with 4...
New Delhi results: Chief Minister Arvind Kejriwal wins, prepares for a third 3rd termIn 2013, Kejriwal defeated the then CM Sheila Dikshit of the Congress by 25,864 votes. Vijender Gupta of the BJP was then 500 votes behind ...
Provisions made in quarters after DeMo seeing recoveries: Romesh SobtiWe are on track to complete Bharat Financial merger by July this year, says Sobti
There is no discordance among the bank shareholders: Romesh Sobti, MD & CEO, IndusInd Bank"For Bharat Financial it means you become a bank overnight once the deal is done and the whole asset books provide a margin", said Romesh S...
Cost lines well under control; expect asset quality to remain stable: Romesh Sobti, IndusIndIndiaInd Bank is looking at the next few quarters with much more optimism compared to the previous few quarters, says Romesh Sobti.
Steady rise in margins likely; looking to double branch network in 3 years: Romesh Sobti, IndusInd Bank"A lot of our new branches will go into rural areas where the cost-to-income ratio is relatively higher, because business models are yet to...
Expect credit growth to be in 25-30% range for FY16: Romesh Sobti, IndusInd Bank"We came in with almost 30% growth and there is a very clear linearity between fee growth and especially on the retail side and our branch ...
Romesh Kaluwitharana's hospitalityPost retirement, Kaluwitharana found himself take up coaching roles and also venture into the hospitality sector.
Looking for stability in NIMs over next two quarters: Romesh Sobti, IndusInd Bank"Going forward, we expect NIMs to remain in the same range, till we see a further reduction in the cost of deposits, which also depends upo...
My successor could well be an insider: Romesh Sobti, Indusind BankIndustry is overleveraged. Debt has piled up. I think those who have created monetisable assets out of the debt will go through this rough ...
Former UP Governor Romesh Bhandari passes awayFormer UP Governor and ex-foreign secretary Romesh Bhandari died here last night after a prolonged illness.
See better growth prospects for next 12 months: Romesh Sobti, IndusInd Bank"The fundamentals of our businesses are still pretty robust, whether it is interest income or fee income."
- Q3 to witness increase in lending rates: Romesh Sobti, IndusInd Bank
"I would imagine that in Q3 also, there would be an increase in lending costs, even if RBI pauses and does not increase," said Romesh Sobti.
- Verdict in Kunjum murder case likely on Wednesday
A city court is likely to pronounce its verdict in the eight-year-old Kunjum Budhiraja murder case on Wednesday.