KVS Manian, Federal Bank’s new MD & CEO, aims to position the bank among India’s top five private banks. With a focus on key segments like mass affluent, non-resident, SME, and mid-market, Manian plans to expand the branch network and initiate strategic acquisitions. Private sector capex revival remains pivotal for boosting credit demand.
HDFC Bank shares fall 2% on reports of internal probe over Rs 45 cr interest payments
HDFC Bank shares fell after a report revealed an internal investigation into Rs 45 crore payments to Maharashtra State Road Development Corporation. The Audit Committee