Tata Capital Housing Finance has appointed Anil Kaul as the Managing Director of the company.
The independent audit committee investigating the alleged irregularities in 31 NPA accounts of ICICI Bank has hired a law firm to assist the panel, an official said.
ICICI Bank has decided to postpone its annual general meeting (AGM) by a month amidst independent enquiry conducted by Justice B N Srikrishna on alleged cases of impropriety against the bank's CEO Chanda Kochhar.
Indian markets expected to open with positive bias. Key Asian indices showing mixed cues. Nifty resistance seen at 11000 and support at 10750, 10830.
Indian shares rose, tracking gains in Asian peers after favourable U.S. jobs data boosted risk appetite, with heavyweights Reliance Industries Ltd and ICICI Bank Ltd driving the indexes higher.
Bullish positions seen in Maruti, RIL, IPCA Labs, Kotak Bank, HDFC Bank, Bajaj Auto.
Sinha has been appointed as Joint Secretary in Department of Financial Services (DFS) as part of a bureaucratic reshuffle effected by the government.
Sebi has favoured adjudication proceedings against ICICI Bank and Chanda Kochhar for alleged violation of listing disclosure norms regarding 'conflict of interest' in business dealings.
India is undergoing a crisis of confidence in its banking system. In these bleak times lies an opportunity to unleash reforms and strengthen governance.
Sebi Chairman Ajay Tyagi today said the regulator is yet to receive reply from the ICICI Bank on allegations involving its CEO Chanda Kochhar.