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HDFC Bank board approves Sashidhar Jagdishan's appointment as CEO

Jagdishan has been appointed for a term of three years; he will replace Aditya Puri, current Managing Director and Chief Executive Officer of HDFC Bank, who is set to retire on October 26

 
 

When a user complained about her payment not going through, fashion portal Myntra said that there is an issue with ICICI Bank's payment gateway

State Bank of India, Bank of Baroda, Bank of India and Indian Bank are among half a dozen banks that have provided funds to the company

Dinesh Kumar Khara is taking over at a time when the overall economy is expected to shrink for the first time in the last four decades

 
 

IBA is an association of banks, financial institutions and others that deals with resolving generic and industry level issues of its members

The prevailing fear amongst the bankers fraternity regarding the attacks is "adversely affecting their morale and faith" on the state administration

Khara will assume charge on October 7. He was one of the four managing directors of SBI and was in charge of global banking and subsidiaries of the bank

A bank mentioned in the Second Schedule of the Reserve Bank of India Act is known as 'Scheduled Commercial Bank'

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