Earlier, on 6 October 2023, the bank had requested a one-year extension for Shyam Srinivasan, whose current three-year term as MD & CEO concludes on 22 September 2024
Read MoreThe spread of scheduled commercial banks (SCBs) between the weighted average lending rate (WALR) and weighted average domestic term deposit rate (WADTDR) stood at 3.00 per cent and 2.99 per cent for Fresh and Outstanding rates, respectively in November 2023
Read MoreThe alterations in the RBI's Know Your Customer (KYC) regulations aim to provide clarity
Read MoreThe Securities Exchange Board of India declared in March 2021 that additional Tier 1 bonds would be treated as having a maturity of 100 years, starting April 2023
Read MoreRitesh Pai was previously the President of Products and Solutions at TerraPay, overseeing the global launch and implementation of payment solutions
Read MoreIn an interview with BW Businessworld, Dheeraj Sehgal, Chief Distribution Officer, Institutional Business, Bajaj Allianz Life, expectations for 2024, trends, technology and more
Read MoreThe Reserve Bank of India’s (RBI) move to increase the capital requirements of lending institutions towards consumer credit and expectations of fall in interest rates in the near term hit the growth of securitisation volumes in Q3 FY24
Read MoreInternally categorised, domestic retail loans expanded by roughly 111 per cent since 31 December 2022 and about 3 per cent since 30 September 2023
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