Mic Board News Today : Breaking News, Live Updates & Top Stories | Vimarsana

With this appointment, the total number of independent directors has gone up to 9 and all vacancies are filled.

Cabinet approves strategic disinvestment in IDBI Bank ANI | Updated: May 05, 2021 16:43 IST The extent of respective shareholding to be divested by the government and LIC will be decided at the time of structuring of transaction in consultation with the Reserve Bank of India (RBI), according to an official statement. The government and LIC together own more than 94 per cent of equity of IDBI Bank (45.48 per cent and 49.24 per cent respectively. LIC is currently the promoter of IDBI Bank with management control and the government is co-promoter. The LIC bo...

MIC Board adds multinational European experience and expertise By: Times News Service Ranjit Singh has 37 years of business, risk and governance experience gained in large complex leading financial services organisations including Citibank, Allianz, Swiss Re, Standard Life Aberdeen and EFG International. He currently serves as a non-executive director on the board of AIB PLC, a European Central Bank supervised financial services firm. Raj was appointed under the Relationship Framework between the Minister for Finance and AIB Group. He also served as a non-executive director of a national cre...