The spike was led by HDFC Bank's $60 billion all-stock acquisition of Housing Development Finance Corp. in April, which combined India's leading bank and largest mortgage lender.
Bumper pool of fees has become all the more significant for bankers in an especially harrowing year, that saw sickness and death come much closer to home due to Covid pandemic.
Banks should think about the types of candidates they’re trying to recruit. In post-pandemic era, keeping young employees will be about something more existential than money & perks.
In a letter to all state chief secretaries, the finance ministry sought proactive and preventive measures amid rising incidents of violence against bankers on bank premises.
The average commute time on Mumbai's, India's financial capital, major routes is over an hour, more than twice the averages of Singapore, Hong Kong & New York.
The two armies have maintained close bonds through every storm. The onus now is on India to support the Nepal army while it steers the country toward stability and the rule of law.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
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