Pradip Shah appointed NARCL Chairman; Sanjay Jain made IDRCL chief
Shah, an MBA from Harvard and chartered accountant, is credited for establishing India's first and largest housing finance company, HDFC, and ratings firm Crisil.
Bank deposits contract in the post Diwali fortnightAggregate deposits in the banking system dipped Rs 2.67 lakh crore during the fortnight ended November 19 to Rs 157.8 lakh crore, latest RBI data indicates. Both demand and term deposits contracted sharply during the fortnight by Rs 1.52 lakh crore and Rs 2.67 crore respectively.
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