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Twenty Years for Uday Kotak as CEO, and the Tailor-Made Exceptions That Allowed It


Twenty Years for Uday Kotak as CEO, and the Tailor-Made Exceptions That Allowed It
The RBI’s decision on April 26, 2021 to curtail tenures of bank chief executive officers and executive directors may finally lead to Kotak relinquishing his post at the end of 2023.
Uday Kotak, founder-CEO of Kotak Mahindra Bank poses for a picture at the company s corporate office in Mumbai. Credit: Reuters
Business09/May/2021
Had the Reserve Bank of India (RBI) descended, like Moses, from Mount Sinai, perhaps it would have carried two sets of Commandments: one for ordinary mortals; and another, more relaxed, set for Uday Kotak, founder-CEO of Kotak Mahindra Bank. ....

Ceos Wtds , Shyam Srinivasan , Udak Kotak , Murali Natarajan , Uday Kotak , Kotak Mahindra Bank , Reserve Bank , Mount Sinai , Kotak Mahindra , Internal Working Group , Federal Bank , Mahindra Bank , ஷியாம் ஸ்ரீநிவாசன் , முரளி நடராஜன் , ஊடாய் கோட்டக் , கோட்டக் மஹிந்திரா வங்கி , இருப்பு வங்கி , ஏற்ற சினை , கோட்டக் மஹிந்திரா , உள் வேலை குழு , கூட்டாட்சியின் வங்கி , மஹிந்திரா வங்கி ,

India's Sustained Economic Recovery Will Require Changes to Its Bankruptcy Law - Carnegie India - Carnegie Endowment for International Peace


Summary
One of the key drivers of economic recovery in India will be the efficient movement of capital from inefficient firms to efficient ones. The economic downturn caused by the coronavirus pandemic has been severe, and India’s economy was one of the worst affected in 2020–2021. Though the economy is recovering faster than initial estimates, sustained economic recovery will not take place if stressed businesses cannot restructure their debts properly or if failing firms cannot be resolved efficiently. India’s bankruptcy law is key to solving these challenges.
In 2016 India enacted the Insolvency and Bankruptcy Code, 2016 (IBC), which was a landmark reform to the nation’s financial system and the first comprehensive law to regulate insolvency. ....

United States , France General , United Kingdom , New Delhi , City Of , Lily Vadera , Bhargavi Zaveri , Dan Andrews , Rajeswari Sengupta , Ajay Shah , Pratik Datta , Arpan Chaturvedi , Josh Felman , Arvind Subramanian , Anirudh Burman , Anjali Sharma , Harsh Vardhan , Ruchika Chitravanshi , Sachin Chaturvedi , Jyoti Singh , Bahramn Vakil , Raghavendra Kamath , Rakesh Mohan , Shayan Ghosh , Raghuram Rajan , Rajnish Kumar ,

States drag their feet on farm-loan waivers - The Hindu BusinessLine

States drag their feet on farm-loan waivers - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Uttar Pradesh , Andhra Pradesh , Tamil Nadu , Pandurang Chavan , Group To Review Agricultural Credit , Internal Working Group , Review Agricultural , உத்தர் பிரதேஷ் , ஆந்திரா பிரதேஷ் , தமிழ் நாடு , பாண்டுரங் சவான் , உள் வேலை குழு ,