RBI Clean Note Policy: Why It Still Matters
Have you ever received a note and noticed phone numbers, stamps, and scribbles all over it? This is a common practice, especially in India, one that people rarely pay attention to. Though India is becoming a digital-first economy at a rapid pace, cash continues to play a vital role in
Japan’s SMBC May Acquire Majority Stake in Yes Bank
Japanese financial powerhouse Sumitomo Mitsui Corporation (SMBC) is reportedly discussing buying the majority stake in India’s Yes Bank. According to reports, both institutions were discussing the deal for several months. Notably, the State Bank of India (SBI) has been planning to trim its stake in Yes Bank. As of now,
Citi Taps Ashu Khullar for its Global Asset Manager Role
In the recent turn of events, Reuters stated that Ashu Khullar will serve alongside Anthony Diamandakis as the co-head of global asset managers. Ashu Khullar will also be a part of the global investment banking committee. The memo further mentioned that K. Balasubramanian would fill Khullar’s current role as India
