Mahindra Finance to foray into financing two-wheelers, consumer durables

The non-bank lender will be looking to get its share in the fast growing but a crowded two-wheeler financing market, a decade after its parent Mahindra & Mahindra entered the highly competitive industry through the acquisition of select assets of Kinetic Engineering.

from Banking/Finance-Industry-The Economic Times https://ift.tt/2KtV2YN

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Many Nirav Modi like cases: RBI reports whopping 23,000 bank frauds involving Rs 1 lakh crore in past 5 years

Over 23,000 cases of fraud involving a whopping Rs 1 lakh crore have been reported in the past five years in various banks, according to the Reserve Bank of India (RBI).

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2JLDOFg

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ICICI Bank names Radhakrishnan Nair as Independent Director

The appointment of 63-year-old Nair is subject to the approval of shareholders, the private sector lender said in a regulatory filing.

from Banking/Finance-Industry-The Economic Times https://ift.tt/2jos3Jw

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Radhakrishnan Nair appointed ICICI Bank independent director

Former IRDAI member Radhakrishnan Nair has been appointed to ICICI Bank’s board as an Additional (Independent) Director. His appointment will be for

from Business Line - Money & Banking https://ift.tt/2jo1CE1

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ICICI Bank names Radhakrishnan Nair as Independent Director

ICICI Bank today said its board has appointed Radhakrishnan Nair as an additional (independent) director of the bank for five years.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2FA5TwF

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