Page 24 - BANKING FINANCE FEBRUARY 2016 ONLINE
P. 24
NEW APPOINTMENTS
PEOPLE ON THE MOVE
New Executive Director Arvind Kumar Jain joins Punjab & Sind
Bank
Arvind Kumar Jain joined Punjab & Sind Bank as Executive Director (ED). Prior to joining Punjab &
Sind Bank as ED Jain was the CGM at Oriental Bank of Commerce (OBC). He has an experience of
over 33 years in banking both at operational and administrative level at different departments of
OBC.
Arvind Kumar Jain
Gokarn appointed executive director at International Monetary Fund Subir Gokarn
Subir Gokarn, former deputy governor of the Reserve Bank of India (2009-12) has been appointed
executive director at the International Monetary Fund (IMF). Gokarn will represent the Indian
constituency which comprises India, Bangladesh, Bhutan and Sri Lanka. He replaces Rakesh Mohan
whose term ended on October 31.
Gokarn is currently director of research at the Brookings Institution India Center.
NEWS FLASH
NEWS FLASH
D Forex reserves up from $780.9 mn to $352.515 bn D Dena Bank, in co-ordination with Reserve Bank of
helped by a rise in foreign currency assets India has started distribution of new currency notes
D HDFC Bank and NPCI launch system 'Zumigo Assure' to general public
to trace debit card and credit card frauds and cancel D JAGRUTI - A Social Venture by Oriental Bank Family
transaction donated food packets and other utility items to The
D ClearTax launches 'TaxCloud' mobile app for e-filing Earth Saviour Foundation for poor and needy under
returns CSR
D SLS Microfinance slashes interest rate to 19.75% from D New loan pricing will not to shave off banks' net
20.75% interest margins, will come into effect from April 1
D Cut in gold import duty to help boost exports of D Wholesale Price Index to be in the range of -1.10%
gems and jewelry to -0.90%: Dun and Bradstreet report
D Govt may import more pulses to check prices and D Above 1000 BSE-listed companies spent Rs.6,400 cr
fulfill supply-demand gap in 2014-15 on CSR
D Income Tax dept and I-T launches PAN based online D Bisleri set to re-enter soft drinks space in 2016 to get
litigation system
a turnover of over Rs 2,000 crore by 2020
D EPD laid the foundation stone for construction of D Chennai floods to impact margins up to 120 basis
student toilet at govt schools in bengaluru as CSR activity
points in Q3: Mphasis
D NTPC Kawas bagged Swarn Shakti Protection & D Tata Motors, only Indian company on top-50 global
Improvement of Environment Award
R&D list after Volkswagen
D BOI donates Rs.30 lacs under CSR for renovation of
Heritage Building of Parikshitial Ashramshala at D Over 2.7 mn new assesses brought under tax net by
Income Tax Dept
Gandhi Ashram
24 | 2016 | FEBRUARY | BANKING FINANCE
Copyright@ The Insurance Times. 09883398055 / 09883380339
