Banker

HDFC planning to raise funds by issuing commercial papers maturing in 1 mth

India's Housing Development Finance Corp plans to raise funds by issuing commercial papers maturing in one year, three merchant bankers said on Thursday

A banker turned tech maven: Meet Sandhya Devanathan, Meta India head

Devanathan takes over the India operations after the previous incumbent, Ajit Mohan, resigned to join social media company Snap Inc

Uday Kotak, Asia's richest banker, weighs $1-bn real estate fund: Report

Kotak Investment plans to complete the fundraising by the end of this year and to embark on its investment in 2023, focusing on residential property in India's top five cities

SC verdict in Mallya case will enhance recovery prospects: Bankers

Beyond the case, the decision also has demonstrative effect for sternly dealing with other big-ticket defaults, two senior officials with large banks said in a first-cut assessment.

IndiaFirst Life Insurance selects bankers for IPO expected later this year

IndiaFirst will be the fourth private sector life insurer to get listed on the bourses

India witnessing early signs of sustainable economic revival: Deepak Parekh

The country's economy is seeing early signs of sustainable revival amid a volatile global environment, veteran banker Deepak Parekh said on Monday. Addressing the shareholders of HDFC Life at the 22nd Annual General Meeting, he said there is a pick-up in domestic economic activity due to an increase in private consumption. "We remain optimistic about the resilience of India's economy despite the high volatility in the global environment. We are now witnessing early signs of a sustainable economic revival, Parekh, who is the Chairman of the private life insurer, said. He said high growth in non-oil and non-gold imports reflects the pick-up in domestic demand and the domestic economic activity is fueled by private consumption and rising discretionary spending. According to him, the expected normal south-west monsoon this year is likely to support rural consumption. "We remain vigilant of the implications of the current geopolitical tensions, elevated commodity prices, growing extern

How did a five-member external jury select the BS Banker of the Year?

The jury picks Sandeep Bakhshi for ICICI Bank's remarkable turnaround in the face of a difficult legacy

ICICI Bank's Sandeep Bakhshi is Business Standard Banker of the Year

5-member jury chooses him for turning around the private sector lender

'Money is being thrown' at them but millennials don't want to be bankers

For those who want to stay in finance, non-bank financial institutions, growth equity firms and other, smaller financial-services businesses have become better options.

How did a five-member external jury select the BS Banker of the Year?

The jury picks Shyam Srinivasan for Federal Bank's consistency of performance

64-year old retd Odisha banker cracks NEET, now a first-year MBBS student

A former official of SBI, he took admission at the state-run Veer Surendra Sai University of Technology in the disability reservation category on Wednesday

Bond vigilantes worry too much: Veteran banker shrugs off fiscal concerns

Gautam, a banker for nearly thirty-five years, is counting on Prime Minister Narendra Modi's administration's past fiscal-track record

Letters: Time to get real

Gandhigiri may not work to the advantage of a Good Samaritan like the banker