Tag «MD and CEO»

Chanda Kochhar, MD and CEO, ICICI Bank on RBI monetary policy

The RBI’s action today to lower the policy rate is a welcome step which had been widely anticipated given the significant decline in inflation observed recently. The prudent approach of the central bank in reacting to incoming data in a calibrated manner will reinforce the confidence amongst global investors. A number of regulatory and developmental …

ASSOCHAM honours RM Vishakha, MD and CEO, IndiaFirst Life, with Individual Achievement Award

  RM Vishakha recognised for her outstanding contribution to the industry Mumbai, June 26th, 2017: RM Vishakha, MD & CEO, IndiaFirst Life Insurance, was honoured with the ‘Individual Achievement’ award at the ASSOCHAM Insurance Excellence Awards ceremony held, in Kolkata, recently. The awards were presented by Shri Vivek Gupta, Hon’ble Member of Parliament. The ceremony …

Bank of Maharashtra focuses on revival at 14th Annual General Meet

Mumbai, June 19, 2017: Bank of Maharashtra held their 14th Annual General Meeting on Friday, 16th June 2017 at Pune. During the AGM, approval of shareholders was accorded to raise equity capital through FPO/Rights issue/QIP/Preferential share etc., aggregating not to more than Rs.2000 crore including share premium. Additionally, approval of share holders was accorded for …

Comments of Ms Chanda Kochhar, MD and CEO, ICICI Bank on RBI policy

“The RBI has maintained stability in monetary policy with a focus on the medium-term inflation targets being sustainably achieved, while continuing to be supportive of growth. The policy has maintained an accommodative stance while taking into account global developments and domestic economic conditions. With respect to demonetisation, the assessment that this will have only a …

Chanda Kochhar, MD and CEO, ICICI Bank on RBI policy

Comments of Ms Chanda Kochhar, MD and CEO, ICICI Bank on RBI policy I welcome the RBI’s move to cut the repo rate by 25 basis points as well its intent to support liquidity. These steps will give a strong impetus to both consumption and investment led growth for the country. The strong focus by …

Furthering the Region’s Green Agenda –  H.E. Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy, MD and CEO of Dubai Water and Electricity Authority and Chairman of World Green Economy Summit

Dubai, UAE, 23 August 2016: In April, the World Meteorological Organisation (WMO), a United Nations body, released its latest ‘Status of the Global Climate’ report, which detailed the string of climate and weather records that were broken in 2015 worldwide. Given the upward trend we’ve seen in recent years, it’s unsurprising that 2015 shattered all …

Comments of Ms Chanda Kochhar, MD and CEO, ICICI Bank on RBI policy

“The decision to keep the policy rate unchanged is in line with market expectations. The articulation of a continued accommodative policy stance is welcome. As stated in its April policy, the RBI has ensured adequate liquidity and brought the liquidity balance closer to neutrality, which is indeed commendable. The favourable monsoons and the momentum in …