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Deepak Patkar joins Fullerton India as chief risk officer

He joins from Magma Fincorp Ltd. 07 Jun, 2021 - 03:39 PM IST     |     By indiantelevision.com Team     New Delhi: Fullerton India Credit Company Limited (Fullerton India) on Monday announced the appointment of Deepak Patkar as its chief risk officer. Patkar will now head the risk, collections, information security, legal, and analytics function of the company. He rejoins the Fullerton India family after a span of three years. Prior to this, Patkar worked at Magma Fincorp Limited as EVP and chief risk officer and went on to lead their asset financing business as chief executive officer. He has over 25 years of experience across various disciplines such as business and risk management, audit, sales, and quality assurance across multiple industries. He has worked with leading companies such as Citibank, HCL Infosystems, and Cable Corporation of India, said the company.

MahaRERA imposes Rs 10 lakh penalty on CCI Projects and CCI for delayed possession

MahaRERA imposes Rs 10 lakh penalty on CCI Projects and CCI for delayed possession Maya M  0 The Maharashtra Real Estate Regulatory Authority (MahaRERA) has imposed a Rs 10 lakh penalty on a builder for not complying with its earlier order to hand over possession of six flats by 2019. It also directed the builder to pay interest on the payment made by the buyers from September 2016 till the handing over of flats with occupation / completion certificate and all agreed amenities. The order adds that the builder has to also pay interest of 9% p.a. (per annum) on the amount of consideration paid till now (Rs 8.4 crore) by complainants who had booked six flats in Wintergreen project in Borivali (east). The builder has also been asked to pay a sum of Rs 20,000 towards the cost of their complaint. 

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