Why bank chiefs are worried about their pay structure



The RBI wants to include shares and options within the variable salary of the CEOs, proposed to be capped at 200 per cent of their fixed salary; the floor for it is 50 per cent.



Source link

Are mutual fund investments really SAFE?



The Securities and Exchange Board of India does not seem to have understood the enormity of what funds have been up to.



Source link

RBI slaps Rs 1 cr fine on Yes Bank



“The Reserve Bank of India… has levied an aggregate penalty of Rs 10 million (Rs 1 crore) on the bank for non-compliance of regulatory directions observed during assessment of implementation of SWIFT-related operational controls,” Yes Bank said in a regulatory filing.



Source link

YES bank's new CEO has his plate full



For the near term, Gill will have to improve relations with the Reserve Bank of India, which have been strained in recent times. He will also need to strengthen the bank’s asset quality and improve governance standards and internal processes.



Source link

Retail inflation dips to 19-month low of 2.5% in Jan



Fruits, vegetables and eggs continued to witness deflationary trend during January this year, with their prices declining 4.18 per cent, 13.32 per cent and 2.44 per cent, respectively.



Source link

Sensex soars 465 pts; Yes Bank, Infy, RIL steal the show



In the Sensex pack, other gainers were Bajaj Finance, Bharti Airtel, Tata Motors, Hero MotoCorp, HUL, Asian Paints, HDFC duo and ONGC — gaining as much as 2.87 per cent.



Source link