More than half a dozen private-sector banks are awaiting regulatory approval for the appointment of a second whole-time director on their boards. Photograph: Ajay Verma/Reuters In a notification......
In a move to strengthen governance in private sector banks and wholly-owned subsidiaries of foreign banks, the Reserve Bank of India (RBI) on Wednesday directed them to have at least two wholetime......
Sridhar Kalyanasundaram, an independent director of private sector lender Dhanlaxmi Bank, has resigned from the board with effect from September 16. Photograph: PTI Photo from the Rediff Archives......
Reflecting strong momentum in business, commercial banks, including one public sector lender, reported a year-on-year (YoY) growth in advances. Illustration: Uttam Ghosh/Rediff.com This was higher......
It won't be easy for the banking sector to better its performance every quarter, predicts Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com Earlier this month, a Business......