The contentious appointment of three directors to the board of Yes Bank is in suspense with it going to ballot at the shareholders meet
The families of the founders of YES Bank - the late Ashok Kapur and MD & CEO Rana Kapoor - are locked in a dispute over nomination of 3 directors.
Vohra will succeed Meera Sanyal who quit as country head of RBS in April this year to devote time to social, economic and political issues.
The steep hike comes at a time when the Reserve Bank of India and the government are considering fresh banking licences to select corporates.
Royal Bank of Scotland on Friday said it will shut seven bank branches to consolidate its retail and commercial banking business in the country.
“If my dad had been more open to it (acting), I would have done a post graduate degree in acting instead of mass communication," says Amrita.
This is bank's third attempt in four years as the previous attempts failed; IndusInd Bank, Standard Chartered and Axis Bank seen among suitors.
In the last three years, I have spent most of my time focusing on corporate and investment banking overall, says Kaku Nakhate.
Subbarao on Wednesday said implementing Islamic banking model in India would be impossible because it is inconsistent with the banking regulatory set up where interest is charged and given.
Money laundering by banks and insurance companies is more widespread than earlier thought, another expose by an online news website has revealed.
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