User: zainab Topic: IFIs
Category: Microfinance
Last updated: Oct 19 2018 13:33 IST RSS 2.0
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Mkts end settlement day lower; oil & gas, FMCG, au ... 24.3.2028 CNN-IBN Top Stories
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Mkts volatile; cap goods, metals up, pvt banks dip ... 17.3.2028 CNN-IBN Top Stories
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Sensex falls by more than 400 points on global cues, Nifty trades below 10,300 19.10.2018 - News that matters
The rupee continued its slide, trading at 73.5075 against the dollar.
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RBI reaffirms decision on tenure of Yes Bank's Rana Kapoor 18.10.2018 Sify Finance
The Reserve Bank of India (RBI) has reaffirmed that a successor to YES BANK's MD and CEO Rana Kapoor should be appointed by February 1, 2019.
No respite for Kapoor, Yes Bank has to get new chief by Feb 1 18.10.2018 Financial Chronicle
New Delhi The Reserve Bank of India on Wednesday refused to grant more time to Yes Bank’s long serving CEO and MD Rana Kapoor and asked the private sector lender to appoint his successor latest by February 1, 2019. Last month, the Yes Bank board had sought at least a three-month extension for Kapoor from the RBI beyond January 31, 2019, stating that finding a suitable successor is a time consuming challenge. The central bank, however, has not agreed to the suggestion and insisted Yes Bank’s board should find his successor within the stipulated time. “The Reserve Bank of India has reaffirmed that a successor to Rana Kapoor should be appointed by February 1, 2019,” the lender said in a stock exchange filing. The RBI had earlier curtailed the three-year term that the board had sought for Kapoor, also one of the promoters of the bank, to January 31, 2019, and asked the bank to find a replacement. Kapoor has been in his position since the inception of the bank in 2004. The bank’s board has already established ...
RBI tells Yes Bank to appoint new chief by Feb 1 17.10.2018 Rediff: Business
The bank's board has already established a search and selection committee comprising three members from the existing nomination and remuneration committee along with two external experts to identify Kapoor's successor.
Share indices rise marginally on back of strong Infosys second-quarter earnings 17.10.2018 - News that matters
The rupee was stronger at 73.50 against the dollar after opening at 73.77 a dollar.
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RBI gives 3 years to Bakhshi as ICICI chief against 5 sought 17.10.2018 Financial Chronicle
New Delhi Adopting a seemingly cautious approach, the Reserve Bank has approved appointment of Sandeep Bakhshi (in pic) as ICICI Bank's managing director and chief executive officer for three years as against a five-year term sought by the lender. ICICI Bank on Tuesday informed the stock exchanges that the Reserve Bank of India (RBI) has cleared Bakhshi's appointment for three years effective from October 15. After ICICI group veteran Chanda Kochhar -- who was facing inquiry related to alleged nepotism and quid pro quo in extending loans to certain entities -- resigned earlier this month, the bank announced appointment of Bakhshi as the MD and CEO for five years. In recent months, the RBI seem to be exercising a cautious approach when it comes to re-appointment of chiefs of private sector banks, especially against the backdrop of rising non-performing assets in the banking system. Last month, the central bank curtailed the proposed three-year term for Yes Bank MD and CEO Rana Kapoor, whose tenure was ...
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Markets open higher; Sensex reclaims 35,000 level 16.10.2018 Zee News : Business
Domestic institutional investors bought shares worth a net Rs 294.78 crore, while foreign portfolio investors purchased shares to the tune of Rs 67.86 crore.
Who will succeed Rana Kapoor at Yes Bank? 15.10.2018 Rediff: Business
The bank has hired US-based advisory firm Korn Ferry to help with the selection process.
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FEMA norms may be amended to ease remittances 12.10.2018 Rediff: Business
According to the data available on the Reserve Bank of India's website, net workers' remittances in April-June 2018 were $11.5 billion
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Markets stage relief rally; banking, auto stocks lead 10.10.2018 Rediff: Business
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
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Rate-sensitive stocks tank; experts say wait and ride out the storm 5.10.2018 Rediff: Business
Since last month, the realty (down 23%), auto (down 16%) and finance (down 14%) indices have underperformed the market by falling over 13%, as against 8% decline in the benchmark indices
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Financers, Bankers and Economists Discuss Measures to Improve Financing for Renewable Energy Projects; Laud India’s Achievements in Renewable Energy 4.10.2018 Govt of india: PIB
Leading bankers and renewable energy financing experts from multi-lateral agencies discussed solutions to issues pertaining to financing of renewable energy projects, and how access to financing can be improved to expand clean energy projects across the world, at a Plenary Session titled ‘Bankers’ Perspective on Renewables’, of the 2nd Global RE-Invest India-ISA Partnership Renewable Energy Investors’ Meet & Expo (RE-Invest 2018) at Greater Noida today.
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Will never sell my Yes Bank's promoters shares: Kapoor 28.9.2018 Sify Finance
Yes Bank's Founder and CEO Rana Kapoor will not sell his 10.66 per cent promoters shares in the bank, even after he demits office.
For Rana Kapoor, promoter shares in Yes Bank are like diamonds 28.9.2018 Sify Finance
Yes Bank's Rana Kapoor will transfer the shares to his children and ask them to treat it like Diamonds.
Sensex sheds 97 points; posts fourth straight weekly loss 28.9.2018 Rediff: Business
Selling took hold at the start of October futures and options series in the derivatives segment as investors were concerned over the surging crude oil prices and escalating trade tensions between the US and China
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MonetaGo appoints Kashinath Katakdhond as MD-India 26.9.2018 Sify Finance
[India], Sep 26 (ANI): Blockchain firm MonetaGo has appointed Kashinath Katakdhond as the Managing Director for their Indian operations.
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Yes Bank forms panel to select new CEO, seeks more time for Rana Kapoor 26.9.2018 Sify Finance
Yes Bank on Tuesday said it has set up a committee to select a new MD and CEO, but added that it would seek more time for Rana Kapoor in the post, at least till April 30, 2019.
Yes Bank pitches for extension of Rana Kapoor's term 26.9.2018 Sify Finance
[India], Sep 26 (ANI): As the shares of Yes Bank continue to decline, the Board of Directors have sought an extension of incumbent founder and CEO Rana Kapoor's term in office.
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