SINGAPORE, Sept 4 (Reuters) – Asian shares and global stock futures fell on Wednesday in the wake of a tech selloff, while the dollar and yen rose on safety bids and U.S….
Senior journalist Manoj White John found dead in Navi Mumbai flat
Senior journalist Manoj White John was found dead in his Navi Mumbai flat on 3 September. According to people familiar, the journalist was undergoing treatment for various ailments for a while. His…
Did Madhabi Puri Buch disclose ICICI ESOP details to Sebi at the time of her appointment?
Earlier, Congress leader Pawan Khera on Monday raised serious concerns about Buch. In a press conference, Khera accused Buch of receiving remuneration not only from the government but also from private entities, including ICICI Bank and ICICI Prudential, while serving in her official capacity, marking this as a serious conflict of interest.
ICICI Bank says it hasn’t paid any salary, ESOPs to Madhabi Puri Bhuch post retirement
Further, ICICI Bank said it may be noted that she had opted for superannuation with effect from October 31, 2013. During her employment with the ICICI Group, she received compensation in the form of salary, retiral benefits, bonus and ESOPs, in line with applicable policies.
RBI says 97.96% of Rs 2000 notes back in the banking system
The total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of Rs 2000 banknotes was announced, has declined to Rs 7261 crore at the close of business on August 30, 2024, the RBI said.
Banks took 75% haircut in Adani takeover deals in IBC pushing banks to huge losses, highlights AIBEA data
Adani buyouts in IBC have meant huge losses for banks in admitted claims
Is 7% GDP growth the new normal?
SBI ecnomists has said that for the Asia’s third largest economy, an economic growth of 7 per cent looks to be the new normal. “RBI projected GDP growth for FY25 at 7.2%…
Microlending industry sees slower loan growth in Q1, deterioration in recovery
India’s microlending industry witnessed slower growth and recovery problems in the first quarter of the financial year due to multiple industry factors, said industry association Sa-Dhan in a press release.
Declining liquidity coverage ratios to slow down credit growth for banks: ICRA
Proposed changes in liquidity coverage ratio framework to further moderate the reported liquidity coverage ratio (LCR) and constrain the credit growth for banks, says Icra
Revenue growth of auto dealers to enter the slow lane this fiscal, says Crisil
Rising inventory levels, along with moderating profitability to temper credit metrics