Gujarat s GIFT City is aiming to become India s first international financial hub, with over 500 companies already operating there. However, some critics argue that the city lacks the cosmopolitan atmosphere necessary to compete with global financial centers like Singapore and Dubai. The government is making efforts to address these concerns by developing infrastructure, extending the metro line, and allowing alcohol consumption within the city. | Latest News India
CNN-News18 Indian Of The Year 2023 To Recognise Industry Titans Who Are Shaping India s Economic Progress
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CNN-News18 Indian of the Year 2023: Honoring Titans Shaping India s Progress
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Sashidhar Jagdishan, managing director and chief executive officer of HDFC Bank, the largest private-sector lender of the country, has just completed his first term.
The period October 2020-October 2023 was a roller coaster, and the second one, which started on October 27, could be more interesting as the lender absorbs the impact of the merger of HDFC, which was integrated on July 1, and moves to the next growth phase.
Soon after he took over the reins from Aditya Puri on October 27, 2020, the Reserve Bank of India (RBI) debarred HDFC Bank from enrolling new credit card customers and launching new products under the Digital 2.0 programme due to repeated outages on its mobile-banking and internet-banking platforms.