PSBs intend to establish “green cells” for climate funding
For climate-specific projects, state-run lenders will try to establish specialised "green cells" with committed staff.
RBI lifts the eCOM and Insta EMI Card Ban of Bajaj Finance
Bajaj Finance announced to the stock exchange that the Reserve Bank of India (RBI) had removed the restrictions on its eCOM and online digital "Insta EMI Card" on Thursday, with an immediate effect.
Astec Lifesciences’ CFO Krishnamurthy Suryanarayan Resigned
The Board of Astec Lifesciences Limited has noted the resignation of Krishnamurthy Suryanarayan from the position of Chief Financial Officer (CFO) with effect from May 3, 2024.
Gammon India’s Independent Director Radhakrishnan Nair Resigned
Radhakrishnan Nair, Independent Director of Gammon India Limited, has resigned with effect from May 2, 2024, due to his health issues.
Chengalath Jayaram Retired from Kotak Mahindra Bank’s Board
Kotak Mahindra Bank Limited has announced that Chengalath Jayaram’s term as a Non-Executive Director of the bank has ended on April 30, 2024, on completion of eight continuous years in line with the provisions of Section 10A (2A)(i) of the Banking Regulation Act, 1949.
Sical Logistics’ Independent Woman Director Has Resigned
Anuradha Mukhedkar, Independent Woman Director and Chairperson of Sical Logistics Limited, has tendered her resignation with effect from April 26, 2024.
Adani Power Appoints Sangeeta Singh as Independent Director
On May 1, 2024, the Board of Directors of Adani Power Limited appointed Sangeeta Singh as an Additional Director (Non-Executive, Independent) for three years up to April 30, 2027.
Arjun Singh ceased to be CHRO of Dixon Technologies; Abhijit Kotnis takes over
Dixon Technologies (India) Limited has announced the changes in the Senior Management Personnel, including the resignation of Arjun Singh, Chief Human Resource Officer (CHRO); he has been relieved from his duties with effect from April 30, 2024.
RBI Amends Guidelines on operational risk, Includes NBFCs
On Tuesday, the Reserve Bank of India (RBI) revised its "guidance note" regarding the operational risk management framework of lenders, encompassing a wider range of lenders, including Cooperative Banks and Non-Banking Financial Companies (NBFCs).
VP of Tata Chemicals Limited Satyajit Ghoshal Retired
Satyajit Ghoshal, Vice President, Internal Audit, being a part of the Senior Management Personnel of Tata Chemicals Limited, retired on April 30, 2024.
