
KUNDAPUR Vaman Kamath, the veteran banker who led the rapid growth of ICICI Bank and helmed it for nearly two decades from its inception and made the largest private sector lender within a few years, has spoken against allowing corporate houses into banking space, saying the regulator has to be satisfied that they will not misuse public deposits through the backdoor.
Kamath, who also headed New Development Bank, the developmental bank floated by the BRICS groups as its first chairman, said the Reserve Bank needs to take extra care when it comes to digital lenders, saying there are more than enough signs of rash behaviour by them.
Bu hikaye The New Indian Express Coimbatore dergisinin December 15, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The New Indian Express Coimbatore dergisinin December 15, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
1,000 Killed in Deadliest Syrian Violence in 14 Years
Nearly 800 civilians among the dead in clashes between security forces and loyalists of ousted leader Bashar Al-Assad
Centre has sealed over dozen peace pacts in Northeast: HM
IN a decade of governance, the BJP-led Centre has brokered over a dozen peace settlements, bringing stability to the Northeast, Union home minister Amit Shah said on Sunday.
A rich legacy that dates back to 1951
Prof Amit Patra, Director, IIT Kharagpur, says, \"We are nurturing not just scholars, but yogic individuals ready to impact the world\"
HyFun Foods looks to raise funds from PEs, capital market
HYFUN Foods, a Gujarat-based frozen food manufacturer, is drawing interest from several venture capital and private equity funds as it plans to double its manufacturing capacity by 2026 and expand its product portfolio.
'Despicable': MEA calls for action over vandalism at Hindu temple in US
INDIA has strongly condemned the vandalism at a Hindu temple in California, with External Affairs Ministry spokesperson Randhir Jaiswal calling the attack \"despicable\" and urging local authorities to take strict action against those responsible.
Good Governance Should Not Be So Slippery
We are much more invested in deflecting blame than fixing the underlying problem. Inquiry committee findings are usually suppressed, a hangover of the colonial government
Edappadi sets up war room, warns of action against functionaries who err
THE AIADMK is gearing up for the 2026 Assembly election with party general secretary Edappadi K Palaniswami setting up a war room of sorts.
Day after fresh violence, shutdown cripples life in Manipur Kuki districts
AN indefinite shutdown crippled normal life in Manipur's Kuki-Zo dominated districts on Sunday.
SGBs: Things to do for early redemption
Since gold prices may move higher, investors who can remain invested in Sovereign Gold Bonds will be benefitted
Congress, BJP leaders spar over language policy
Congress MP from Tiruvallur constituency Sasikant Senthil and BJP state president K Annamalai sparred over the language policy being adopted by the Tamil Nadu government and the centre, on their X handles.