The structuring of these funds that provide equity upside for the top employees has led to bankers such as Shantanu Sahai and Rakshat Kapoor from Nomura, Deepak Sood of Barclays, and Anuj Kapoor from UBS to take up roles in private credit funds.
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The monetary policy committee (MPC), which has three members from the central bank and a similar number of external members, held the benchmark repurchase rate (repo) at 6.50 per cent in a unanimous decision. Commenting on RBI s decision, Ficci president Subhrakant Panda said the central bank has adopted a balanced approach by maintaining status quo on policy rates which will support growth while targeting inflation which has inched up recently.
PM Modi s inclusion in the Bastille Day military parade on the Champs-Elysees, alongside a tri-service Indian armed forces contingent, signifies the strategic trust and friendship shared between India and France, as per Assocham, , modi france visit, India-France Relations, President Macron