Popular Articles

No need for fresh equity, says Andhra Bank CMD
State-owned Andhra Bank has enough capital and there was no need for government funds or follow-on public offer to meet its 20-25 per cent growth target for 2009-10 (April-March), Chairman and Managing Director RS Reddy said today.

Reddy to seek financial assistance from Centre
Andhra Pradesh will seek financial assistance, including an additional Rs 2000 crore under NREGA, from Centre to meet the drought situation prevailing in the state.

News of the day

PM discusses climate change with Sarkozy, Brown
Ahead of the Copenhagen summit on climate change, India today discussed with France and the UK ways to ensure the success of the event as Prime Minister Manmohan Singh met French President Nicolas Sarkozy and British Premier Gordon Brown here.
International Business

Chakrabarty quits PNB to take charge as RBI deputy governor

Punjab National Bank CMD K C Chakrabarty has quit his post after his appointment as RBI Deputy Governor. - Three financial giants interested to buy UTI AMC"s 26% stake - No drastic reduction in interest rates in long term: PNB - Punjab National Bank to leverage technology for business growth - Commercial banks better prepared to take credit risks - FII-TO-FII: Pantaloon traded at 5% premium - Sidhartha: Well-prepared for the job">Sidhartha: Well-prepared for the job "K C Chakrabarty has demitted office on June 14, 2009 on his appointment as Deputy Governor, Reserve Bank of India," PNB said in a filing to the Bombay Stock Exchange. Chakrabarty"s appointment to RBI came in place of V Leeladhar who had retired in December. RBI has four deputy governors, of whom Rakesh Mohan has resigned to take a teaching profession in Stanford University in the United States.


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