Agencies"We hereby inform that based on the recommendation of the Board of Directors of the Bank, the Reserve Bank of India...has given its approval for the re-appointment of Dr N Kamakodi as the Managing Director and CEO of the bank for a further period of three years with effect from May 1, 2023," the bank said in a BSE filing on Wednesday.
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- Macro Stability to Help Sustain Growth: Finmin
Increased macroeconomic stability has made India’s growth rate sustainable, the finance ministry said on Tuesday but called for vigilance against risks from El Nino-triggered drought conditions, geopolitical developments and global financial turmoil.
Airtel Weathered Storms to Emerge as Strong InstitutionBharti Airtel has overcome existential crises in 2003 (intense competition) and 2020 (Supreme Court’s AGR verdict) as well as the ‘tsunami’ of 2016 (Reliance Jio’s launch) to emerge as an institution that is a national asset, said chairman Sunil Mittal.
Vedanta Very Comfortable; Concerns Over its Debt Situation MisplacedVedanta Group chairman Anil Agarwal on Tuesday said Vedanta Resources (VRL), holding company of the mining and metals conglomerate, is well-positioned to meet its future debt obligations, and that concerns around the group being over-leveraged are misplaced.
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