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Seasoned Bankers Leave Foreign Banks to Join Ratnakar
Mumbai, Maharashtra, India:Ratnakar Bank, a private sector bank with a strong regional footprint is delighted to announce the appointment of Mr. Joginder Singh Rana as Chief Operations Officer (COO). After a 22 year successful stint at Citibank, Joginder will join Ratnakar Bank in early February and will be based in the Mumbai office. He will be responsible for the Bank’s Operations & Administration

Citi India Launches Alumni Network
Citi India today announced the launch of the Citi Alumni Network, a specially designed, global electronic platform for former Citi India employees to reconnect with Citi and with each other. The Citi India Alumni Network at www.citialumninetwork.com was launched by Victor Menezes, former Vice Chairman of Citigroup and the current Chairman of the Citi India Advisory Board at an exclusive evening held in Mumbai. The network will not only allow past colleagues to stay in touch with their contemporaries and with Citi, but will also allow them to share their experiences and memoirs on the network. Alumni will also be able to participate in some of the community programs organized by Citi India, like the annually held ‘Global Community Day’, enabling them to be a continued part of the Citi family.

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Obama tightens Iran sanctions over bank 'deception'

President Barack Obama tightened sanctions on Iran another notch, the White House said on Monday, targeting its central bank and giving U.S. banks new powers to freeze assets linked to the government.

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BS People: Sanjay Shukla

Language has never been a barrier for this banker while reaching out to his customers. Sanjay Shukla, the new business head for consumer assets and sales at ING Vysya Bank, makes it a point to

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New valuation norms hit structured products
Issuers have stayed away from launching new principal-protected structured products after the capital market regulator changed the way these are valued.

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