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Investment / Daily Excelsior

Banking industry doyen N Vaghul dies at 88

MUMBAI, May 18: Veteran banker N Vaghul died on Saturday afternoon due to health complications, sources said. He was 88. Vaghul, who held many leadership positions in the banking industry, is credited with transforming ICICI from a public finance institution to a private sector bank in his 11-year stint as the chairman and managing director, starting in 1985. He was admitted to a private hospital in Chennai due to some health complications and was on ventilator support, as per the [] The post Ba

18 May 2024 4:23 pm
Modi pitches for studying a newer banking structure to fund future needs

MUMBAI, Apr 1 : Prime Minister Narendra Modi on Monday said there is a need to study newer banking structure with the evolving changes in the financial industrys landscape. Speaking at the inauguration event for the commemoration of 90 years of the Reserve bank of India (RBI) here, Modi said there may be a requirement for newer ways of financing, operating and business models in the changing landscape. The PM said the banking industry needs to move forward to ensure [] The post Modi pitches for

2 Apr 2024 5:05 am