India’s largest private sector lender HDFC Bank will `nip in the bud’ the transgressions of managers and will build an `inclusive’ organisation that would help it address the attrition, CEO Sashidhar Jagdishan wrote to shareholders. The private lender which has faced a lot of flak over alleged misdemeanour by its managers said that they were cognizant that the experience of working with HDFC Bank can be better on several counts.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend