Indian banks

Banks need ‘OFAC’ cell created in DFS to take care of sanctions associated advisories

by

Banks have requested the Division of Monetary Providers (DFS) to create an ‘Workplace of Overseas Property Management (OFAC)’ cell within the Division to take care of particular person advisories obtained by them from US OFAC. The advisories from OFAC, US Embassy, New Delhi, to Indian Banks normally relate to sanctions imposed by the US in … Read more

Pradeep Kumar Sinha to take over as Non-Government Half-time Chairman of ICICI Financial institution

by

Former Cupboard Secretary Pradeep Kumar Sinha will take over as Non-Government Half-time Chairman of ICICI Financial institution after G. C. Chaturvedi’s time period ends on June 30, 2024. Additionally learn:ICICI Financial institution surpasses HDFC Financial institution’s valuations after Q3 present Within the run-up to the aforementioned appointment, the Financial institution’s Board (at its assembly held from February … Read more