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Shikha Sharma News
Tata Global Beverages appoints Shikha Sharma, Bharat Puri as directors
Wed, May 08, 2019
Their appointment, which is with effect from May 7, 2019 for five years, will be subject to the approval of shareholders in the ensuing annual general meeting.
Dr Reddy's, KKR appoint ex Axis Bank chief Shikha Sharma as independent director
Fri, Feb 01, 2019
Sharma will advising them on areas for business growth, value-creation opportunities and strategic mergers and acquisitions, an official statement said.
Axis Bank MD and CEO Shikha Sharma retires; Amitabh Chaudhry takes charge
Mon, Dec 31, 2018
Amitabh Chaudhry, 54, started his career in corporate banking with the Bank of America in 1987, where he worked in diverse roles. He is a BTech (Electronic & Electricals) from the Birla Institute of Technology & Science, Pilani and an alumnus of the lndian Institute of Management, Ahmedabad.
From Urjit Patel to Rana Kapoor, these shock exits of 2018 surprised everyone
Sun, Dec 23, 2018
Shocking exits of this year
Yes Bank, Axis Bank CEOs' exit aftermath: RBI strengthens corporate governance of lenders
Wed, Dec 05, 2018
RBI has ordered a Board of Management (BoM) to be constituted in every Primary (Urban) Co-operative Bank (UCB).
When CEOs shocked: Chanda Kochhar, Shikha Sharma, Rana Kapoor, others exit banking space
Fri, Oct 05, 2018
The banking space in India was quite staid and dull till a few years ago. However, over the recent years it acquired controversies aplenty. Hope was that with the PNB scam, things would settle down again. However, it got worse! It was the private banks and CEOs that proceeded to shock everyone!
Who will be Shikha Sharma's successor; Axis Bank starts process
Sat, Apr 21, 2018
Earlier this month, Shikha Sharma had requested the Board that she may be relived in December. The bank had earlier given her a new three-term beginning June 1. "This is to inform you that the Board of Directors of the Bank has commenced the succession process to appoint a new Managing Director & CEO of the Bank," Axis Bank said in a regulatory filing
Why Axis Bank chief Shikha Sharma tenure was surprisingly cut short
Thu, Apr 19, 2018
RBI was in for a surprise when Axis Bank set up a watchlist of Rs 22,628 crore in April 2016 coming immediately after a quarter when the corporate stress was not disclosed. It was not the extent of stress that troubled the regulator, but the lack of transparency in timely disclosure of the actual stress in the corporate loan book of the bank.
Axis Bank share price soars 4% after Shikha Sharma exit announcement
Tue, Apr 10, 2018
Axis Bank said on December 8 last year, the board had decided to reappoint Sharma as the Managing Director and CEO, for a period of three years with effect from June 1, 2018, subject to receipt of requisite approvals. The re-appointment, however, was yet to get the approval of the Reserve Bank of India (RBI).
Shikha Sharma's tenure curtailed, to step down as Axis Bank chief on Dec 31
Mon, Apr 09, 2018
Axis bank said on December 8 last year, the board had decided to reappoint Shikha Sharma as the Managing Director and CEO, for a period of three years with effect from June 1, 2018, subject to receipt of requisite approvals. The re-appointment, however, was yet to get the approval of the Reserve Bank of India (RBI).
Axis Bank CEO Shikha Sharma wants term cut from 3 years to 7 months after row
Mon, Apr 09, 2018
Shikha Sharma, chief executive of India`s Axis Bank, has asked the bank`s board to shorten her next term at the helm of the bank, starting in June, to the end of December, the bank said on Monday. The Axis Bank board has accepted her request for a shorter seven-month term (from June 1 to December 31, 2018), subject to the approval of the Reserve Bank of India (RBI), the bank said in a regulatory filing
After Shikha Sharma row, RBI bars Axis Bank from importing bullion
Tue, Apr 03, 2018
The action comes a day after reports said the central bank asked the board of the third largest private sector lender to re-look at the three-year fourth term offered to Shikha Sharma as the managing director and chief executive, citing a massive spike in bad loans. The Axis Bank board had late last year re-appointed her for a fourth term beginning this June. She joined the bank from ICICI Bank in June 2009. During her stewardship the NPAs at the bank rose over five-fold to over 5.3 per cent in the December 2017 quarter
Shikha Sharma, Axis Bank case: Lender reacts, this is what it said
Mon, Apr 02, 2018
The bank statement came in as a clarification sought from stock exchanges in response to a media report today saying the Reserve Bank of India had asked Axis Bank to reconsider Sharma's reappointment. Earlier in July 2017, the board of directors of the bank had approved the re-appointment of Shikha Sharma as the managing director and chief executive officer for three years with effect from June 1, 2018
PNB fraud case crackdown: ICICI Bank chief Chanda Kochhar, Axis Bank MD Shikha Sharma get SFIO summons
Tue, Mar 06, 2018
Punjab National Bank (PNB) fraud case: The SFIO was investigating loans of Rs 5,280 crore to Gitanjali Gems by ICICI Bank-led consortium of 31 banks which gave loans to the company
Axis Bank to open international finance branch at GIFT City: Shikha Sharma
Sun, Mar 26, 2017
Sharma referred to the recent Income Tax department raids and unearthing of suspicious financial activities at one of Axis Bank branches and said the Bank and she had more than "fair share of public gaze."
India Inc hails N Chandrasekaran elevation as Tata Sons' chairman
Thu, Jan 12, 2017
As Tata Sons named TCS boss N Chandrasekaran as its new chairman ending months of speculation, industry leaders, and Twitterati gave their thumbs up, expressing optimism on the future of the country's largest conglomerate.
Embarrassed, upset over conduct of handful of employees, says Axis Bank's CEO Shikha Sharma
Sun, Dec 18, 2016
"Embarrassed and upset" over the conduct of a handful of employees bringing the organisation into disrepute, Axis Bank MD and CEO Shikha Sharma said on Sunday the bank has hired KPMG to conduct a forensic audit for enhanced due diligence and building more safeguards.
India's biggest banks are headed by women but sector is still male-dominated
Sat, May 28, 2016
The banking sector still remains largely male-dominated and even this year the hiring trend is likely to continue being in the favour of men, an 'India Skill Report 2016', says.