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Book deal drama may end CEO's Union Bank chapterA Manimekhalai, the MD & CEO of Union Bank of India, faces denial of extension. Allegations of misgovernance are the reason. A controversia...
Union Bank shares fall 4% after Rs 7.25 crore book purchase sparks controversyUnion Bank of India's shares declined following scrutiny over its pre-publication purchase of Krishnamurthy Subramanian's book, 'India@100,...
Union Bank faces heat over ₹7.25 crore book purchaseUnion Bank of India is under scrutiny for purchasing nearly two lakh copies of Krishnamurthy V Subramanian's book, 'India@100,' for ₹7.25 c...
Disclose voting results of AGM: Sebi tells Dish TVThe order comes in the wake of complaints from Yes Bank, IndusInd Bank and other shareholders to Sebi alleging that Dish TV has wrongfully ...
Axis Bank falls as lender sees uptick in borrowers opting for loan moratoriumChief Executive Officer and Managing Director Amitabh Chaudhry said its stress tests are now showing lower slippages across any scenario th...
SBI appoints P K Gupta as nominee director on SBI Life board"The nomination remains subject to ratification by the Nomination and Remuneration committee of the board of directors of our company," the...
Sanjeev Nautiyal nominated as MD and CEO of SBI LifeThe nomination is subject to ratification by the Nomination and Remuneration Committee (NRC) of the board and the board of directors of the...
ICICI in great hands, Kochhar to take it to greater heights: K V KamathKamath is the first president of NDB, which will provide infrastructure loans to emerging nations, rivalling lenders such as the World Bank...
Borrowers’ interest paramount for Brics Bank, says K V KamathStating that the lenders generally keep their own interest in mind, Kamath said NDB will try to bring in an innovation.
Not here to compete with IMF, World Bank: NDB chief KV KamathKamath denied the NDB was being propped by Russia or China, saying all member nations had equal say in the functioning of the bank.
New Development Bank to set its own standards; no rivalry with others: K V KamathHe said it will bring about a change in the way multilateral banks function but there is no question of any "rivalry" amongst them.
AIIB will not negatively impact BRICS Development Bank: ChinaFifty countries, including India, have joined the AIIB and the rules of its governance while seven other countries will sign it after ratif...
Looking forward to serve BRICS nations: KV KamathSeasoned banker KV Kamath today thanked the Modi government for appointing him as the first president of New Development Bank.
KV Kamath to resign from various boards and join BRICS Bank in next 10 days: Finance SecretaryKamath will largely operate from China in his new role at Shanghai-based BRICS Bank, taking him back to one of his favourite countries.
Absence of treaties with tax havens blocking black money fightProbe agencies, including the CBDT, CBI and the Enforcement Directorate, have made these challenges known to the SIT on black money.
Christine Lagarde backs bigger role for India at IMFIndia and several other emerging market economies have for long demanded changes in voting rights of bodies like the IMF and the World Bank.
After IOC, government to sack independent directors of ONGC, HPCL, MRPLThe NDA government is reviewing all appointments made by the previous UPA regime during its last year in office and is removing the politic...
India for early completion of IMF quota reforms"We had hoped to be able to welcome ratification of the quota increase in the St Petersburg Summit, but that has not been possible", the PM...
- IMF names 'eminent' panel for needed reforms
International Monetary Fund managing director Dominique Strauss-Kahn unveiled on Thursday a new high-level international committee tasked w...
- Severstal to improve Arcelor bid
Arcelor's former Russian suitor Severstal has said it would improve its offer to the Luxembourg-based steel giant to thwart a partnership w...