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India Business News: MUMBAI: HDFC Bank CEO Sashidhar Jagdishan has said that the RBI embargo has enabled the bank to reimagine its IT systems and processes and “turbo-char. ....
“The premium valuations which HDFC Bank used to enjoy because of the erstwhile CEO, the risk management and its consistent higher than market growth, no longer exists.” ....
HDFC Bank s CEO Sashidhar Jagdishan in in company-wide communique said the central bank s RBI embargo enabled the bank to reimagine its IT systems and processes and “turbo-charge” the pace of its technology transformation. Jagdishan reiterated the banks plan to be “back with a bang” in the card space and regain lost market share. ....
Fund managers lapped up falling shares of Britannia Industries with both hands. Their holding in the biscuit maker rose 18.3 per cent in terms of the number of shares held but advanced only 10.9 per cent in value terms. The scrip was down 6 per cent for the month. It was the fifth-worst Nifty50 performer in the period. ....