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About 160 results for "bank power institute"

Urjit Patel for more powers to RBI to regulate PSBs

Urjit Patel for more powers to RBI to regulate PSBs

National banking regulator, Reserve Bank of India (RBI) needs to have higher control over Public Sector Banks (PSBs), RBI governor Urjit Patel said on Wednesday in Gandhinagar. He also warned that increasing frauds in commercial banks and financial ... DNA, 2 days ago
How RBI can prevent PNB-like frauds, 2 days ago

The bank has the power of 5Cs: PNB chief

The bank has one of the highest current account savings account share, stable credit quality, robust credit growth, adequate capital and low cost-to-income ratio, said PNB chief Sunil Mehta. Image: Sunil Mehta (2nd L), Managing Director and Chief Executive Officer of Punjab National Bank, arrives at the Serious Fraud Investigation Office (SFIO) amid a widening probe into a $2 billion fraud, in Mumbai. Photograph: Francis Mascarenhas/Reuters Days after the Rs 12,700 crore scam hit Punjab ...
 Rediff.com4 days ago

Chartered accountants' group says awaiting fraud information from PNB

The high-powered group set up by the Institute of Chartered Accountants of India (ICAI) following the Rs 12,600 crore fraud on state-run PNB, with a mandate to suggest remedial measures in the banking system, has not yet received the required documents and ...
 Prokerala1 week ago Modi breaks silence, vows to punish PNB fraudsters  Mathrubhumi2 weeks ago ICAI issues notice to PNB, Gitanjali Gems auditors  Business Standard3 weeks ago ICAI takes PNB official's statement; assures 'accelerated inquiry' into fraud  Business Standard2 weeks ago

CDC launches Ayana Renewable Power, appts PJ Nayak as Chairman

The UK's development finance institution CDC today said it has formed a new company Ayana Renewable Power that will focus on operations in India and neighbouring South Asian countries.The firm has also appointed PJ Nayak as the chairman and Shivanand Nimbargi ...
 Business Standard2 months ago
Business Standard

Yes Bank, EIB to co-finance $400 mn for clean power projects

Of the $400 million, the EIB will fund $200 million while the rest will be supported by Yes Bank, the project promoters and other financial institutions Press Trust of India | New Delhi Last Updated at December 19, 2017 15:31 IST The Ministry of New and ...
 Business Standard2 months ago

Who will regulate the regulators?

It would be a good idea to create independent oversight committees for each regulatory institution and indeed, even for their appellate bodies, says A K Bhattacharya. Illustration: Dominic Xavier/ Finance Minister Arun Jaitley has said that in India while the political leadership is held accountable for all its actions and inaction, the regulators are not accountable in the same way.   Jaitley’s comment came in the wake of the letter of undertaking (LoU) scam that has ...
 Rediff.com1 day ago

Finally, Urijit Patel opens up on banking frauds, crony capitalism and the RBI's limited authority

The over $ 2-billion-dollar Punjab and National Bank (PNB) scam involving Nirav Modi and Mehul Choksi had led to many questioning the Reserve Bank of India's failure to stop the misuse of the SWIFT (Society for Worldwide Interbank Financial Telecommunication) ...
 Sify3 days ago

Sensex closes at 3-month low of 33,033, tanks 284 points

Infrastructure, power, capital goods, PSU, healthcare, banking, oil and gas and metal stocks nosedived Illustration: Uttam Ghosh/ The BSE Sensex plunged over 284 points on Wednesday to close at a three-month low of 33,033 on heavy selling in banking stocks amid negative global cues.   Overseas markets were shaky as global trade war concerns intensified after the resignation of White House economic adviser Gary Cohn, brokers said. The 30-share Sensex tumbled by 284.11 points or ...
 Rediff.com1 week ago Sensex soars 304 points, Nifty reclaims 10,550-mark  Rediff.com2 weeks ago Sensex tanks 284 pts, ends in red for sixth day  Business Standard1 week ago

Farewell, AVR

One of the finest minds on foreign exchange management, monetary and fiscal policies, on debt and currency markets, on bank management and governance, and indeed on almost every aspect of modern finance and banking passes into the ages.Ajit Ranade pays tribute to a beautiful mind. A V Rajwade's passing away on Friday night is the end of an era: He was a financial journalist whose columns -- he wrote for Business Standard for many years -- were known for their intellectual honesty, a razor-sharp ...
 Rediff.com2 weeks ago

Sachin's double ton powers Dell home

Sachin slammed a double ton while Vikas claimed a six-wicket haul to fashion Dell Cricket Clubs 154-run win over LRDE Sports Club in the KSCA Group II, Division II league here. Batting first, Dell CC amassed 450 for seven in 50 overs thanks to Sachins 201.
 Deccan Herald4 weeks ago
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