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CNBC-TV18

@CNBCTV18Live

26 Apr

RBI issues instructions on governance for banks, incl Pvt Banks, SFBs, Wholly Owned Subsidiaries of Foreign Banks

Circular not be applicable to foreign banks operating as branches in India

Post of MD & CEO or WTD (Whole Time Director) can't be held by same incumbent for >15 yrs

*THREAD* (RBI on Bank CEOs)

#RBI: #Bank MD & CEO/WTD can be re-appointed after a gap of 3 years if considered necessary/desirable by the board (once 15 years completed)

WTD, MD & CEO cannot be associated with a bank in any capacity during 3-year cooling-off period

RBI: Upper age limit for #MD & CEO and WTDs in pvt #banks would continue to be 70 years

MD&CEO or WTD who is also a promoter/ major shareholder, cannot hold these posts for > 12 years

RBI may allow promoter WTD/MD & #CEO to continue up tp 15 years in extraordinary circumstances

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CNBC-TV18

@CNBCTV18Live

26 Apr

#MarketAtClose | Market Closes Higher, Led By ICICI Bank, Reliance & Axis Bank

Nifty Bank Rises 553 Points With ICICI Bank Contributing 287 Points

Midcap Index Gains 1%; Market Breadth Favours Advances

#MarketAtClose | 38 Nifty Stocks Close Higher; ICICI, Axis, UltraTech & JSW Top Gainers

Sensex Gains 508 Points To 48,387 & Nifty 144 Points To 14,485

Nifty Bank Rises 553 Pts To 32,275 & Midcap Index 182 Pts To 23,675

#MarketAtClose | ICICI Bank Is Up Nearly 4% After Reporting A Strong Set Of Earnings

Axis Bank Gains Over 4% & Bajaj Fin Over 2% Ahead Of Earnings

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CNBC-TV18

@CNBCTV18Live

26 Apr

@mybmc

#OnCNBCTV18 | @mybmc Commissioner Iqbal Chahal tells @ShereenBhan that Mumbai's mortality rate is the lowest in the world

#OnCNBCTV18 | Addition of COVID cases today, i.e. April 26, in Mumbai is at 3,792 & 41,000 tests have been conducted, BMC Commissioner tells us.

Vaccination is the ultimate solution to the COVID problem, he adds

@mybmc

#OnCNBCTV18 | @mybmc Commissioner says Mumbai is not facing a shortage of medical oxygen as of now

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CNBC-TV18

@CNBCTV18Live

26 Apr

#CNBCTV18Market | Morgan Stanley maintains OVERWEIGHT stance on ICICI Bank, target at Rs 850/Sh

#CNBCTV18Market | Morgan Stanley maintains OVERWEIGHT call on M&M Fin, target cut to Rs 240/sh from Rs 255/sh

#CNBCTV18Market | Credit Suisse has an OUTPERFORM call on ICICI Bank

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CNBC-TV18

@CNBCTV18Live

23 Apr

#CNBCTV18Exclusive | Prof John M Nicholls, Department of Pathology, Hong Kong University: Hong Kong was able to use masks & social distancing well; don’t see universal mask-wearing in India

@KrutikaKuppalli

#OnCNBCTV18 | @KrutikaKuppalli, Medical University of South Carolina: Covid infections are here to stay; current surge depends on what govt & the communities decide to do

@LawrenceYoung11

#OnCNBCTV18 | @LawrenceYoung11, Warwick University: Lockdown & vaccine are the most effective way to break chain of transmission; big sacrifice of national lockdown works

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