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RBI Governor Shaktikanta Das Ranked Top Central Banker Globally For Second Consecutive Year
For the second consecutive year, Reserve Bank of India (RBI) Governor Shaktikanta Das has been rated "A+", in the Global Finance Central Banker Report Cards.
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From Banker To Spiritual Guru: How Tamil Nadu Man Dodged CBI For 20 Years
A swindler's 20-year cat-and-mouse game with the law ended after his arrest by the CBI while he was allegedly living as a spiritual guru in a Tamil Nadu village - one of the many aliases he used to dodge the law enforcement agency.
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Ex-Investment Banker Turns YouTuber, Earns Rs 8 Crore A Year
After a decade in the corporate world, Nischa Shah traded her six-figure salary for the camera, becoming a full-time YouTube content creator. Her gamble paid off, leading to 4x the success and a newfound sense of fulfilment.
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Banker Secretly Withdraws Rs 1.26 Crore From Dormant Accounts, Arrested
A bank official was arrested today for allegedly swindling over Rs 1.26 crore from dormant accounts over the past three years in Jammu and Kashmir's Reasi district, police said.
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Missing Banking Tycoon Bao Fan Resurfaces, Resigns From All Roles At China Renaissance
After an absence of nearly a year, Bao Fan, the Chinese billionaire banker, has stepped down from all positions within his company, China Renaissance Holdings.
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Ex Banker Chanda Kochhar Leaves Jail Day After Court Says Arrest Illegal
The court had yesterday said the reason to arrest the couple after four years of registering the case was not spelt out in the arrest memos, as mandated.
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Xiaomi India Misled Deutsche Bank for Years on 'Illegal' Royalty Payments, Documents Show
Xiaomi India misled banker Deutsche Bank for years, by claiming it had an agreement for payment of royalties when it had none, according to legal documents. One of Xiaomi's four bank accounts in India frozen by the ED is at Deutsche Bank. The company denies wrongdoing and approached an Indian court arguing its payments were legitimate and that the ...
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BSNL, MTNL to Raise Rs. 19,356 Crore Through Government Bonds, Merchant Bankers Say
BSNL and MTNL, the country's state-run telecom operators, intend to raise an aggregate of Rs. 19,356 crore through government-guaranteed bonds, according to three merchant bankers. MTNL is looking to issue bonds maturing in 10 years and will pay a semi-annual coupon, similar to how central government bonds are priced.
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Opinion: A Mega-Merger That Makes Sense For Both HDFC And HDFC Bank
After 45 years in business, the underwriter of homes for millions of Indians is moving in with its 28-year-old banker offspring.
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'No Zoom' Plan For Top Health Meet Backfires As Heavyweights Pull Out
Few of the corporate world's most prominent leaders have been as effusive this year as Jamie Dimon in cajoling office workers back into pre-pandemic routines, arguing his army of bankers at JPMorgan & Chase & Co. can't tend relationships nearly as we
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Retired Odisha Banker Cracks NEET, Now A First-Year MBBS Student
Odisha's Jay Kishore Pradhan cracked the NEET earlier this year and enrolled as a first-year MBBS student like thousands of other aspirants from the state - just that he is all of 64 and a retired banker.
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KV Kamath Panel Identifies 26 COVID-19-Affected Sectors For Debt Resolution
The Reserve Bank of India (RBI) said on Monday that it had broadly accepted recommendations made by a committee on loans restructuring for COVID-19-affected businesses. The RBI-appointed panel, under eminent banker KV Kamath, recommended five financial ratios for 26 sectors - including aviation, construction, power, real estate and automobiles - wh...
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Viral Acharya, Who Quit RBI Last Year, Flagged "Deeply Flawed" Move: Book
Former central banker Viral Acharya warned against the Reserve Bank of India monetizing the government's budget deficit, citing risks to inflation and external sector stability.
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Government Appoints Career Central Banker Michael Patra As Deputy Governor
A career central banker, 59-year-old Mr Patra is currently executive director in charge of the RBI's research department and has a seat on the six-member Monetary Policy Committee.
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SoftBank's China Strategy Wobbles as Key Bets Disappoint
For SoftBank, OneConnect's IPO should have been a vindication of an aggressive China investing strategy. Instead, embarrassed bankers had to slash the offering size and cut its price as investors baulked at a business model seen too reliant on majority owner Ping An Insurance.
-
RBI Governor Shaktikanta Das Ranked Top Central Banker Globally For Second Consecutive Year
For the second consecutive year, Reserve Bank of India (RBI) Governor Shaktikanta Das has been rated "A+", in the Global Finance Central Banker Report Cards.
-
From Banker To Spiritual Guru: How Tamil Nadu Man Dodged CBI For 20 Years
A swindler's 20-year cat-and-mouse game with the law ended after his arrest by the CBI while he was allegedly living as a spiritual guru in a Tamil Nadu village - one of the many aliases he used to dodge the law enforcement agency.
-
Ex-Investment Banker Turns YouTuber, Earns Rs 8 Crore A Year
After a decade in the corporate world, Nischa Shah traded her six-figure salary for the camera, becoming a full-time YouTube content creator. Her gamble paid off, leading to 4x the success and a newfound sense of fulfilment.
-
Banker Secretly Withdraws Rs 1.26 Crore From Dormant Accounts, Arrested
A bank official was arrested today for allegedly swindling over Rs 1.26 crore from dormant accounts over the past three years in Jammu and Kashmir's Reasi district, police said.
-
Missing Banking Tycoon Bao Fan Resurfaces, Resigns From All Roles At China Renaissance
After an absence of nearly a year, Bao Fan, the Chinese billionaire banker, has stepped down from all positions within his company, China Renaissance Holdings.
-
Ex Banker Chanda Kochhar Leaves Jail Day After Court Says Arrest Illegal
The court had yesterday said the reason to arrest the couple after four years of registering the case was not spelt out in the arrest memos, as mandated.
-
Xiaomi India Misled Deutsche Bank for Years on 'Illegal' Royalty Payments, Documents Show
Xiaomi India misled banker Deutsche Bank for years, by claiming it had an agreement for payment of royalties when it had none, according to legal documents. One of Xiaomi's four bank accounts in India frozen by the ED is at Deutsche Bank. The company denies wrongdoing and approached an Indian court arguing its payments were legitimate and that the ...
-
BSNL, MTNL to Raise Rs. 19,356 Crore Through Government Bonds, Merchant Bankers Say
BSNL and MTNL, the country's state-run telecom operators, intend to raise an aggregate of Rs. 19,356 crore through government-guaranteed bonds, according to three merchant bankers. MTNL is looking to issue bonds maturing in 10 years and will pay a semi-annual coupon, similar to how central government bonds are priced.
-
Opinion: A Mega-Merger That Makes Sense For Both HDFC And HDFC Bank
After 45 years in business, the underwriter of homes for millions of Indians is moving in with its 28-year-old banker offspring.
-
'No Zoom' Plan For Top Health Meet Backfires As Heavyweights Pull Out
Few of the corporate world's most prominent leaders have been as effusive this year as Jamie Dimon in cajoling office workers back into pre-pandemic routines, arguing his army of bankers at JPMorgan & Chase & Co. can't tend relationships nearly as we
-
Retired Odisha Banker Cracks NEET, Now A First-Year MBBS Student
Odisha's Jay Kishore Pradhan cracked the NEET earlier this year and enrolled as a first-year MBBS student like thousands of other aspirants from the state - just that he is all of 64 and a retired banker.
-
KV Kamath Panel Identifies 26 COVID-19-Affected Sectors For Debt Resolution
The Reserve Bank of India (RBI) said on Monday that it had broadly accepted recommendations made by a committee on loans restructuring for COVID-19-affected businesses. The RBI-appointed panel, under eminent banker KV Kamath, recommended five financial ratios for 26 sectors - including aviation, construction, power, real estate and automobiles - wh...
-
Viral Acharya, Who Quit RBI Last Year, Flagged "Deeply Flawed" Move: Book
Former central banker Viral Acharya warned against the Reserve Bank of India monetizing the government's budget deficit, citing risks to inflation and external sector stability.
-
Government Appoints Career Central Banker Michael Patra As Deputy Governor
A career central banker, 59-year-old Mr Patra is currently executive director in charge of the RBI's research department and has a seat on the six-member Monetary Policy Committee.
-
SoftBank's China Strategy Wobbles as Key Bets Disappoint
For SoftBank, OneConnect's IPO should have been a vindication of an aggressive China investing strategy. Instead, embarrassed bankers had to slash the offering size and cut its price as investors baulked at a business model seen too reliant on majority owner Ping An Insurance.
