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.
Seven of the top-10 most valued firms climbed Rs 74,573.63 crore last week, with HDFC Bank emerging as the biggest gainer in line with a positive trend in equities.
The combined market valuation of the top-10 most valued firms eroded by Rs 2,99,661.36 crore last week, in line with a bearish trend in equities. Tata Consultancy Services (TCS) recorded the sharpest drop among them.
The combined market valuation of eight of the top-10 most valued firms jumped by Rs 1,69,506.83 crore last week. Bajaj Finance emerged as the biggest gainer.
Last week, the combined market valuation of eight of the top-10 most valued firms eroded by Rs 2,24,630.45 crore. Reliance Industries and HDFC Bank took the biggest hit.
In a holiday-shortened last week, the combined market valuation of five of the top 10 most valued firms increased by Rs 60,675.94 crore. State Bank of India and HDFC Bank emerged as the lead gainers in line with a positive trend in equities.
