Roles and Responsibilities Of Directors Under Companies Act 2013
Who is a Director? An appointed or elected member of the board of directors of a company. He has the responsibility for determining and implementing the company™s policy. A company director need not to be a shareholder or an employee, and may hold only the office of director under the provisions of the Act. Directors… Read More
Tags: Annual General Meeting, Board, Board of directors, Chief executive officer, Companies Act, CompanySecretary, India, Legal liability
Priority Sector Lending Reporting Definition of disbursement
RBI/2013-14/156 RPCD.CO.Plan. BC 15/04.09.01/2013-14 July 24, 2013 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Madam/Dear Sir, Priority Sector Lending Reporting Definition of disbursement Please refer to the circular RPCD.CO.Plan. BC 56/04.09.01/2012-13 dated January 7, 2013 on Priority Sector Lending Revised Reporting System. 2. Disbursement to be reported in the… Read More
Tags: Business, Chairman, Chief executive officer, Credit and Collection, Financial services, General manager, Loan, Reserve Bank of India
RBI Rationalisation of Returns
RBI/2012-2013/556 MPD.PMD .BC.365/07.01.279/2012-13 June 27, 2012 Ashadha 6, 1935 (S) To, All Scheduled Commercial Banks Dear Sir / Madam, Rationalisation of Returns Please refer to our circular MPD.BC.218/07.01.279/2002-03 dated July 24, 2002 on the captioned subject. 2. At present, banks are submitting following SFR Returns/Statements. SFR II SFR III SFR VIII Statement on daily maintenance of SLR… Read More
Tags: Banking Services, Banks and Institutions, Business, Chief executive officer, Commercial bank, Financial services, India, Reserve Bank of India
Executive Compensation in India
INTRODUCTION Issues of Corporate Governance, having gained stronghold in the developed nations of the West, have largely invaded the Indian Corporate Sector in the past decade. In present times, it has in fact reached a stature when Good corporate governance practices are a sine qua non for sustainable business that aims at generating long term value to… Read More
Tags: Business, Chief executive officer, Compensation and Benefits, Corporate Governance, Executive pay, Financial Stability Forum, Human Resources, India
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