'Extra payout' to Maharashtra PSU: HDFC board slaps Rs 1 lakh fines on MD, CFO

HDFC Bank's board penalized top executives over deposit arrangements with MSRDC. The internal review found business overreach but no personal gain or mala fide intent. Top executives received nominal penalties and warning letters following the review's recommendations. This action comes as the RBI pushes boards for greater oversight and before the CEO's term ends. The bank will formally communicate the matter and its findings to the Reserve Bank of India.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/5L67s9J
>

Comments

Post a Comment

please do not enter any spam link in the comment box.

Popular posts from this blog

Koffee With Karan 7: Karan Johar refers to Shahid Kapoor as the ex-husband of Kareena Kapoor Khan and her expression is pure horror

Image
The recent episode of Koffee With Karan 7 may not have been as hot and brewing as we would have expected it to be but it did have some trolling, fun and foot in the mouth moments that had us in splits. One amongst them was a rare slip of tongue moment of the host Karan Johar when he was asking a question to Kareena Kapoor Khan that left her in shock and her couch companion Aamir Khan in splits. Readers would be aware that while Aamir Khan has appeared for about three times on the show, Kareena Kapoor Khan has been a ‘koffee’ regular even since its inception. Referring to her past appearances, Karan said, “Bebo, you have been on this show so many times. You have come in different stages of your life. Bebo has been with her husband, ex-hus…” As soon as he said it, Karan paused himself but Kareena looked shell shocked at the host whereas Aamir looked quite amused by the slip of the tongue moment. “Not ex-husband, sorry. She’s been with her ex-boyfriend. She’s then been with her contempo...
Read more

BTS member V meets PSY and we are obsessed with this memorable reunion  

Image
Amid the busy schedule and promotions of their record-breaking single 'Dynamite', BTS member V, birth name Kim Taehyung, took some time off of his work schedule to meet up with music legend PSY. On Monday morning, September 21, Park Jae-sang, known professionally as PSY, shared two pictures on Instagram in which he and V were seen hugging each other. The musician captioned the picture, "me & V" and also added their birth dates 1230 and 1231 as V's birthday falls on December 30 and PSY's on December 31. It seems like they recently met up. PSY wore a blue t-shirt and khaki trousers whereas V wore off-white Sies Marjan Cyrus single-breasted cotton-crepe blazer($1720) and trousers ($717). We wonder what this meet was for - a possible collaboration? We will have to wait and see!   View this post on Instagram   me & v 1231 & 1230 ???? A post shared by PSY (@42psy42) on Sep 20, 2020 at 7:55pm PDT This ain't...
Read more