The minimum age of a person should not be less than 35 years and not more than 70 years any time during the tenure. Issuing the guidelines for appointment of MDs and WTDs, the RBI said MPs, MLAs and representatives of municipal corporations will not be eligible to hold such positions in the primary urban […]

Bank Ombudsman is a judicial authority functioning under India’s Banking Ombudsman Scheme, 2006. This was launched to address the customer’s issue regarding banking service. The Banking Ombudsman is an official who has been granted a duty to investigate the complaints, and allegations made by customers against the banks, with respect to maladministration and unlawful practices […]

Fuel in India has never been cheap, at least the one for automotives. But the recent tax-driven hikes ruin the benefit of affordable mobility in the world’s largest small car market which has perhaps the most fuel-efficient cars in the world. The government needs to understand the advantages of affordable fuel as the country is […]

ICICI which was established by Industrial Credit and Investment Corporation of India is one of leading private sector banks of India. ICICI is a multinational banking sector of the country with a total consolidated amount of Rs. 14.6 trillion as of September 2020. The bank has come a long way and currently has a network of […]

What is an IPO? Initial public offering or initial public offering is a type of initial public offering in which the shares of a company are sold to institutional investors and usually also to private investors. An initial public offering is signed by one or more investment banks, which also arrange for the shares to […]

The Prime Minister, Mr. Narendra Modi, has now a magnifying glass on him as the experts; public and banking sector wait for a plan on possible privatization of up to 4 banks in the next months. The effects of Coronavirus pandemic has put the governments of the world in alert, with no foreseeable future on […]