BANKING & FINANCE
HDFC Bank Appoints Former Finance Secretary Rajiv Kumar As Chairman
HDFC Bank’s board has approved the appointment of former Finance Secretary Rajiv Kumar as the bank’s Part-time Chairman for a period of three years, effective from the date of approval by the Reserve Bank of India (RBI). The appointment fills the vacancy created after former Chairman Atanu Chakraborty resigned earlier this year, citing inappropriate conduct […]
CW Bureau
·
Jun 29, 2026
INFRASTRUCTURE
Reliance Infra Seeks Review Of IBC-Linked ASM Trading Restrictions
Company urges SEBI, NSE and BSE to revisit surveillance framework linked to insolvency proceedings Reliance Infrastructure Ltd. has submitted a representation to the Securities and Exchange Board of India (SEBI), National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), seeking a review of the Additional Surveillance Measure (ASM) framework and trading restrictions imposed on its […]
CW Bureau
·
Jun 7, 2026
BANKING & FINANCE
IBC Resolution Facilitates Creditors Recover Over ₹4 Lakh Cr In 10 Years
The Insolvency and Bankruptcy Code (IBC), which came into force in 2016, has completed 10 years, marking a significant milestone in India’s financial and legal reform journey. Over the past decade, the IBC has evolved into a key institutional mechanism for improving credit discipline, accelerating recovery processes and strengthening confidence in the country’s insolvency ecosystem. […]
CW Bureau
·
May 28, 2026
