The Finance Industry Development Council (FIDC) has announced a significant leadership transition with Raman Aggarwal officially assuming the role of Chief Executive Officer (CEO). This […]
Tag: policy
PNB buries ghost of 2018 to fund lab diamonds
On a wintry morning in 2018, one of India’s largest high-street lenders, Punjab National Bank (PNB), had woken up to the horrors of huge losses […]
Potential bidders seek tax benefits on IDBI’s losses
Potential IDBI Bank bidders have asked the government for tax benefits from the accumulated ₹45,000 crore losses to accrue to the acquiring entity in case […]
UGC new draft norms: UG ‘honours’ degree only after completing 4 years and not three
Students will be able to get an undergraduate ‘honours’ degree after completing four years instead of three, according to new draft norms prepared by the […]