Bureaucrat Lok Ranjan to continue on board of ICICI Bank: DFS Secretary

Ranjan was nominated to the board of ICICI Bank on April 7.....»»

LIC Chairman V K Sharma and government nominee Lok Ranjan, both directors on the ICICI Bank board, discussed the crisis at the bank on Monday and agreed to an urgent action plan to restore confidence.....»»

Members of the FOMC might be in their "quiet period" ahead of the July Fed meeting, where the board is expected to cut interest rates by at least 25 bp, but President Trump's attacks on the central bank continue. In a.....»»

ICICI Bank became the first bank in the country to successfully undertake pilot transactions in international trade finance.....»»

Many private sector banks which are pampered by the government are in crisis, and ICICI Bank and Axis Bank are the examples, AIBOC General Secretary D T Franco said in a statement.....»»

Many private sector banks which are pampered by the government are in crisis, and ICICI Bank and Axis Bank are the examples, AIBOC General Secretary D T Franco said in a statement.....»»

The Securities and Exchange Board of India (Sebi) has initiated an enquiry into the controversial Rs 32.5-billion loan sanctioned to the Videocon group by ICICI Bank, to check for possible lapses in disclosure and corporate govern.....»»

The board of India's second-largest private sector bank may meet as early as this week to consider its next course of action.....»»

The board of India's second-largest private sector bank may meet as early as this week to consider its next course of action.....»»

we will continue to focus on resolution and recovery, for which we may get some write-back, in addition to reducing our concentration limits, and reducing the corporate loan book, said Chanda Kochhar.....»»

Ministry to wait for feedback from RBI, probe agencies in Videocon loan deal.....»»

(Reuters) - ICICI Bank Ltd said on Friday Chief Executive Officer Chanda Kochhar is on planned annual leave and denied a media report that she was asked to go on leave until an independent board enquiry is concluded......»»

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"There seems to be a large number of persistent inflationary pressures, which may likely continue," Jamie Dimon said. Traders look on after trading was halted on the floor of the New York Stock Exchange (NYSE) in New Y.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Rivals Canadian Pacific (NYSE: CP) and CN (NYSE: CNI) are still at work seeking to convince the Surface Transportation Board (STB), industry stakehol read more.....»»

ECB executive board member Isabel Schnabel and chief economist Philip Lane insist that the surge of inflation forecast for the rest of the year will be of a temporary nature......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The number of single-family homes sold grew by 51% in April to 375, but there are more than twice that number of pending sales, according to the Honolulu Board of Realtors......»»