 "Reserve Bank of India | File Photo")
RBI proposes to rein in compensation packages of private bank CEOs
The Reserve Bank of India (RBI) has proposed inserting a clause in compensation packages of private bank chief executive officers (CEO) that would allow for a penalty if the bank concerned underreports bad debt or provision beyond the central bank’s tolerance. Read more...
Adani group forays into airport sector; wins bid to operate 5 airports
The Adani group has won five out of the six airports being privatised by the Modi government. On Monday when the financial bids were opened, the Adani group outbid its competitors to win Lucknow,
