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Forbes has recently compiled a first-ever list of the World’s Best Bank 2019 in terms of customer services and technological advancements. The private lender, HDFC Bank, was ranked at the top of the Forbes list of Indian banks, followed by ICICI Bank, DBS, Kotak Mahindra Bank and IDFC Bank. However, India’s largest public sector bank, ..
Recently, the Cabinet has approved changes in the Pension Fund Regulatory and Development Authority (PFRDA) Bill, which will also pave the way for 26% foreign investment in pension fund management companies. What is PFRDA Bill? PFRDA was set up as a regulatory body for the pension sector, but the current PFRDA is the Interim PFRDA ..
Government has constituted an expert committee headed by Sam Pitroda to recommend ways and means to modernize Indian Railways. The focus of the panel, which is to submit its interim report in December, will be on modernization of tracks, signalling, rolling stock, stations and terminals. The members of this committee are Deepak Parekh, HDFC Bank ..