Joshi will continue to exercise the powers and functions of GIC Re Chief for another three months

In his current role as Executive Director, Joshi oversees multiple areas such as international business operations, human resources, information technology, office services, business intelligence and actuarial functions. (Image used for representational purposes) Hitesh Ramesh Chandra Joshi has been entrusted with the financial and administrative powers and functions of the Chairman and Managing Director (CMD) of […]

Some NBFCs could turn into banks to support GDP growth: DFS Secy

M Nagaraju, Secretary, Ministry of Financial Services As India aims to become a developed country by 2047, it should consider extending more banking licenses to non-banking finance companies (NBFCs) and universal banking licenses to small finance banks (SFBs), M Nagaraju, secretary, Department of Financial Services (DFS) said at the State Bank of India (SBI) banking […]