Credifin’s Post

Summary of the Latest Bond Issuance by KEERTANA FINSERV PRIVATE LIMITED. . . . #investmentreturns #investmentnews #financialwealth #investinginthefuture #investinginmyfuture #investmentgoals

Summary of the Latest Bond Issuance by KEERTANA FINSERV PRIVATE LIMITED . . . #investmentreturns #investmentnews #financialwealth #investinginthefuture #investinginmyfuture #investmentgoals

Ludhiana Consumer Disputes Redressal Commission, has ordered IFB (Indian fine Blanks) Industries Limited to compensate around Rs 38,000 for selling a faulty clothes dryer to Sunita Sharma, a 56 year old resident.

Punjab National Bank (PNB) has appointed Ashok Chandra as its new Managing Director (MD) and Chief Executive Officer (CEO). With over three decades of experience in the banking sector, Chandra is well-equipped to lead PNB’s strategic growth and strengthen its market position. Prior to this role, Chandra served as Executive Director at Canara Bank, where he successfully managed key verticals such as Digital Banking, Strategy, Marketing, Financial Inclusion, MSME, Retail Assets, and Agriculture. He also contributed to the boards of Canara HSBC Life Insurance and PSB Alliance Pvt Ltd, demonstrating his expertise in governance and decision-making. Chandra’s career highlights include his role as Chief General Manager at Union Bank of India, where he made significant progress in recovery and stressed asset management. Beginning his career in 1991 as a Probationary Officer at Corporation Bank, he later headed its Dubai Representative Office. Chandra holds a Master’s Degree in Economics and has completed leadership training at the Banks Board Bureau and Indian Institute of Management Bangalore. As MD and CEO of PNB, Chandra aims to drive innovation, enhance customer experiences, and lead initiatives aligned with evolving industry standards. #AshokChandra #PunjabNationalBank #MD #CEO #BankingLeadership #IndianBanking #PNBGrowth #StrategicLeadership #DigitalBanking #FinancialInclusion #LeadershipInBanking #TechNews #Technology #Innovation

ED Questions Religare Chair Rashmi Saluja in Money Laundering Case. Mumbai: The Enforcement Directorate (ED) questioned Rashmi Saluja, executive chairperson of Religare Enterprises, over alleged money laundering and misappropriation of funds. The investigation stems from a complaint filed by Religare shareholder Vaibhav Gawli, who claimed Saluja and others influenced him to file a false FIR against former directors Malvinder and Shivinder Mohan Singh, implicating the Burman family of Dabur. The ED alleges Gawli was paid ₹2 lakh to file the complaint, with further evidence pointing to unlawful gains of ₹179.54 crore through diverted funds. The agency froze shares linked to Saluja and other executives last year and continues to investigate. Saluja denies the allegations, stating the shares were awarded in line with company policies. The case follows the Reserve Bank of India’s conditional approval of the Burman family’s open offer for Religare Enterprises. #MoneyLaundering #ReligareCase #RashmiSaluja #EnforcementDirectorate #CorporateGovernance #FinancialFraud #ReligareEnterprises #BurmanFamily #EDProbe #IndiaNews

Truecaller has appointed Gaurav Loomba as Senior Director for Public Affairs in India. Previously with Paytm, NPCI, and ICICI Bank, Loomba brings expertise in digital payments, financial services, CSR, and ESG. He will lead public affairs strategies to secure policy and regulatory support for Truecaller’s growth in India. #Truecaller #GauravLoomba #NewAppointment Shubham garg | The Viral Vault, India

This is exactly why #Kerala is the most active and respected state for #innovation. They stay ahead of their times and hence the #startups and businesses go that extra mile when it comes to innovation. Kerala Startup Mission

Proud to share! I've successfully completed the BFSI Gaurav Project Uttarakhand! This project has equipped me with expertise in Banking, Financial Services, and Insurance, empowering me to contribute to the growth of the financial sector in Uttarakhand. Grateful for the opportunity to be a part of this initiative! #BFSIGauravProject #Uttarakhand #FinancialInclusion #SkillDevelopment #CertificateOfCompletion"

On this Raksha Bandhan, let’s not just tie a thread but also secure our future together. With JV Financial Services, we ensure that the bond of protection goes beyond traditions, helping us invest in each other's dreams. Here's to safeguarding our bond and building a brighter, secure tomorrow. 🌟 #RakshaBandhan #SecureFuture #JVFinancialServices"

𝗛𝗼𝘄 𝗱𝗶𝗱 𝗜𝗖𝗜𝗖𝗜 𝗕𝗮𝗻𝗸 𝗺𝗮𝗻𝗮𝗴𝗲 𝘁𝗼 𝗰𝗮𝗽𝘁𝘂𝗿𝗲 𝟯.𝟯% 𝗼𝗳 𝘁𝗵𝗲 𝗺𝗶𝗱-𝗰𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗺𝗮𝗿𝗸𝗲𝘁? When ICICI Bank stepped into the mid-corporate segment, there were already established players such as HDFC Bank, SBI, Bank of Baroda, and others. The chance for success seemed slim, but we didn't give up. Instead, we formulated strategies and realized the need to streamline the communication process to speed up decision-making. Our goal was to reduce unnecessary hierarchies, so we decided to limit it to just four levels. From top to bottom, we followed this communication process: 𝗔𝘀𝘀𝗶𝘀𝘁𝗮𝗻𝘁 𝗥𝗲𝗹𝗮𝘁𝗶𝗼𝗻𝘀𝗵𝗶𝗽 𝗠𝗮𝗻𝗮𝗴𝗲𝗿/𝗥𝗲𝗹𝗮𝘁𝗶𝗼𝗻𝘀𝗵𝗶𝗽 𝗠𝗮𝗻𝗮𝗴𝗲𝗿 > 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗛𝗲𝗮𝗱𝘀 > 𝗭𝗼𝗻𝗮𝗹 𝗛𝗲𝗮𝗱𝘀>𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗛𝗲𝗮𝗱. Each level was given certain powers to make quick decisions without being stuck in a long hierarchy. This helped us achieve an effective communication process within the mid-corporate franchise at the Bank. This model was not only limited to the mid-corporate franchise; the concept was applied across ICICI Bank as a whole. Developing an effective organizational structure that encourages quick decision-making is crucial for the organization. Want to understand the relationship between Time and an effective organizational structure? Check out my book, "𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗧𝗵𝗿𝗼𝘂𝗴𝗵 𝗥𝗲𝗶𝗻𝘃𝗲𝗻𝘁𝗶𝗻𝗴" Rajesh Nair #WholesaleBanking #OrganizationalEfficiency #TransformationThroughReinventing