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Could be creating a new HDFC Bank every four years after merger: MD Sashidhar Jagdishan

Could be creating a new HDFC Bank every four years after merger: MD Sashidhar Jagdishan
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Cyril Amarchand Mangaldas advises Kotak Mahindra Bank on INR 537 Crore acquisition of Sonata Finance

Cyril Amarchand Mangaldas advised Kotak Mahindra Bank Limited (Kotak), in relation to the acquisition of Sonata Finance Private Limited (Sonata), a Non-Banking Finance Company – Micro Finance Institution registered with the Reserve Bank of India for an aggregate amount of Rs 537 crore (approx.).

Experts see digital rupee as a big boon to India

The launch of a new digital rupee in the upcoming year will boost financial inclusion in Asia’s No.3 economy and eventually make more Indians cut their dependence on physical cash, according to accountants, currency exchange operators and crypto experts. The move will also provide a cost-efficient alternative to cash and make international transactions easier, they said. The

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Law firms picking regulatory brains for niche advice

Law firms picking regulatory brains for niche advice SECTIONS Share Synopsis This is different from the trend of retired senior bureaucrats joining company boards as advisers as a goodwill gesture because of their long relationship and broad understanding of a particular sector. Getty Images Increasingly complex and overlapping regulation and guidelines are leading law firms and head-hunters to set sights on hiring regulatory officials. This is different from the trend of retired senior bureaucrats joining company boards as advisers as a goodwill gesture because of their long relationship and broad understanding of a particular sector. Several large and small law firms have recently hired veterans from the Reserve Bank of India (RBI), the Securities and Exchange Board of India (Sebi), Insurance Regulatory and Development Authority of India (IRDAI), the tax and police departments to help clients deal with the complexities.

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