RBI Governor Urjit Patel Submits His Resignation Source: bloombergquint Why read about this on Paandu?
Read MoreRBI Governor Urjit Patel Submits His Resignation | Live Updates
Category: Banking
RBI governor vs Govt | Urjit Patel’s Resignation Looming
RBI governor vs Govt | Urjit Patel’s Resignation Looming There has been an irreparable breakdown between the RBI Governor and the government, as reported by the media. The gap between the ideologies of India’s central bank and the government has broadened and could result in the Reserve Bank of India (RBI) governor’s resignation, as reported by CNBC TV18. The Reserve Bank of India was not immediately available for comment. P Chidambaram, Former Union Minister, took to social media via Twitter a short while back and expressed his fears that there…
Read MoreVijay Mallya’s eviction from his Central London Mansion imminent | Swiss Bank UBS AG reports
Vijay Mallya’s eviction from his Central London Mansion imminent | Swiss Bank UBS AG reports Swiss bank UBS AG has applied for custody of the property in the United Kingdom High Court since the mortgage has expired and there an outstanding of £20.4 million. The bank is seeking to evict indebted ex-Kingfisher tycoon Vijay Mallya, his mother and son from their posh multi-million-pound mansion overseeing Regent’s Park in London. Vijay Mallya’s eviction from his Central London Mansion imminent UBS’s claim is against Rose Capital Ventures Ltd, Vijay Mallya, mother Lalitha…
Read MoreIndian Born Gita Gopinath Appointed Chief Economist | The International Monetary Fund
Indian Born Gita Gopinath Appointed Chief Economist | The International Monetary Fund Gita Gopinath who graduated from the Delhi School of Economics holds a Ph.D. in economics from Princeton University. Gita Gopinath, presently a professor at Harvard University, has been appointed chief economist of the IMF (International Monetary Fund). Indian Born Gita Gopinath Appointed Chief Economist will fill the shoes of Maurice Obstfeld, who announced his retirement in July. Christine Lagarde, Managing Director of IMF considers Gita as one of the world’s outstanding economists, with impeccable academic credentials, a proven…
Read MoreChanda Kochhar elected on the board of ICICI Securities
Chanda Kochhar elected on the board of ICICI Securities ICICI Bank, which controls 80% of the stake in ICICI Securities, on Thursday voted in favour of having their (LOA) chief Chanda Kochhar on the board of ICICI Securities. Kochhar, Managing Director & Chief Executive Officer & of ICICI Bank, was earlier sent on leave as the lender launched an independent investigation into the accusations of conflict of interest in the bank advancing large loans to the Videocon group, which allegedly had some relationship with the private lender. Not too long…
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