The final decision on the FSIB recommendation would be taken by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi. The Bureau in November 2022 suggested the name of K Satyanarayana Raju for the position of MD and CEO of Canara Bank. Raju is currently Executive Director with the bank. Raju is likely to be replaced by H S Ahluwalia, a general manager in Indian Bank.
Vodafone Idea shares jump 3% after Q1 net loss narrows. What is Nomura saying?
Vodafone Idea’s Q1 loss narrowed sharply to Rs 3,754 crore from Rs 6,608 crore a year ago, while revenue rose 6% YoY to Rs 11,689