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Altico Capital COO Agrawal takes charge after CEO's exit

Mumbai, Sept. 23 -- Altico Capital India Ltd's chief operating officer (COO) Sanjeev Agrawal has taken charge of the stressed company following the sudden resignation of its chief executive Sanjay Gre... Read More


ICICI bank eyes 450 retail branches by end of fiscal

New Delhi, Sept. 23 -- ICICI Bank on Monday said it has opened 320 bank branches so far this fiscal and was looking to add another 130 branches over the next 6 months, taking the total branch network ... Read More


Altico puts COO Sanjeev Agrawal in charge to manage affairs

Mumbai, Sept. 22 -- Real estate financier Altico Capital India Ltd on Sunday assured investors that its current chief operating officer (COO) Sanjeev Agrawal has taken charge of the stressed company f... Read More


Altico puts COO Sanjeej Agarwal in charge to manage affairs

Mumbai, Sept. 22 -- Real estate financier Altico Capital India Ltd on Sunday assured investors that its current chief operating officer (COO) Sanjeev Agrawal has taken charge of the stressed company f... Read More


Altico Cap seeks debt moratorium

New Delhi, Sept. 20 -- Real estate financier Altico Capital India Ltd, which defaulted on an interest payment recently, has sought a moratorium on further repayments from its lenders. In a presentati... Read More


Yes Bank assures investors amid stake sale by promoter

Mumbai, Sept. 20 -- Yes Bank Ltd on Friday assured investors that the bank's financial position was stable, despite the stake sale by one of its promoter entity - Morgan Credits Private Ltd. The lende... Read More


There's room for more rate cuts, says RBI's Das

Mumbai, Sept. 20 -- Reserve Bank of India (RBI) governor Shaktikanta Das said there is room for further interest rate cuts to bolster economic growth given that inflation continues to remain within th... Read More


SFBs need at least '200 crore capital in on-tap licence regime

Mumbai, Sept. 20 -- The Reserve Bank of India (RBI) on Friday, 13 September, allowed payments banks to apply for small finance bank (SFB) licences, provided they meet the criteria. According to the ne... Read More


There's room for more rate cuts, says RBI Governor

Mumbai, Sept. 19 -- Reserve Bank of India governor Shaktikanta Das said there is room for further interest rate cuts to bolster economic growth given that inflation continues to remain within the cent... Read More


RBI caps term for banks' concurrent auditor at three years

Mumbai, Sept. 19 -- Reserve Bank of India (RBI) on Thursday revised the guidelines on concurrent audit system following the recommendations by an expert committee under Y.H. Malegam. According to the ... Read More