Rajiv Kumar’s journey: From Chief Election Commissioner to HDFC Bank’s part-time Chairman
HDFC Bank has appointed former Chief Election Commissioner and Finance Secretary Rajiv Kumar as part-time non-executive chairman.
HDFC Bank has appointed former Chief Election Commissioner and Finance Secretary Rajiv Kumar as part-time non-executive chairman.
Aroop Biswas has raised an apprehension that unauthorised persons may misuse signed cheques and sought status quo until a competent authority resolves the matter.
The combined market valuation of eight of the country's top-10 most valued companies surged by Rs 1.90 trillion last week, with ICICI Bank emerging as the biggest gainer, adding Rs 56,223 crore to take its valuation to Rs 9,61,297.77 crore.
During the morning session, the banking stock came down by 2.27 per cent to ₹761.25 apiece on the BSE. At 2:30 p.m., the stock was trading at ₹759.25, marking a decline of 2.52 per cent on the exchange.
HDFC Bank, State Bank of India, Canara Bank and Punjab National Bank were among the major laggards, declining up to 3 per cent.
India's tax collections could surge in FY27, with gross tax buoyancy rising to 1.1 from a projected 0.64 in FY26, a report said on Wednesday.
The combined market capitalisation of seven of the top-10 most-valued firms surged by Rs 1,23,724.19 crore last week.
The HDFC Bank spent Rs 1,068.03 crore on CSR initiatives during the financial year 2024–25, marking an increase of nearly Rs 123 crore over the previous year, the bank said on Wednesday in its Parivartan CSR Report 2024–25.
The combined market valuation of seven of the top-10 most valued firms climbed Rs 96,200.95 crore last week.
Last week, the market valuation of seven of the top10 most valued firms eroded by Rs 88,635.28 crore in a holiday-shortened week.
