E-PaperVikram Pandit News
Vikram Pandit, GIC, others invest ₹875 crore in JM Financial arm
Citigroup's former CEO Vikram Pandit, Singapore's sovereign wealth fund GIC, JM Financial and other investors have invested 875 crore in JM Financial Credit, a lender to real estate companies
2 min read4 Oct 2018Ex-Citi CEO Vikram Pandit says 30% of bank jobs at risk from technology
Developments in artificial intelligence and robotics reduces the need for Bank staff in some roles such as back-office functions, says Vikram Pandit
1 min read13 Sep 2017Pandit-Backed CommonBond gets Barclays, Macquarie funding
CommonBond is among dozens of startups trying to make borrowing more efficient by using technology
1 min read5 Jan 2016Financial system technology changes aiding startups, says Vikram Pandit
The falling marginal cost to provide financing is encouraging more entrants such as online lenders, says Pandit
1 min read21 Feb 2015Vikram Pandit, others invest $75 mn in Bitcoin firm Coinbase
Coinbase says the latest fundraise gives the firm solid growth capital to continue driving mainstream, global adoption of Bitcoin
1 min read20 Jan 2015Vikram Pandit, JM Financial to invest Rs900 crore in real estate NBFC
Pandit's fund to invest about Rs540 crore for a 50% stake; JM Financial to invest about Rs360 crore in the venture
3 min read20 Nov 2014Citigroup profit rise beats estimates as stock trading gains
Citigroup’s net income rose to $4.18 billion, or $1.34 a share, from $2.95 billion, or 95 cents, a year earlier
3 min read15 Jul 2013Vikram Pandit to Nippon Life buying into India’s bank hopefuls
Foreign companies are chasing higher returns by investing in new banks in India
4 min read1 Jul 2013Corbat faces ghost of Weill’s deals in Citi’s machines
If Don Callahan gets it right, Citigroup will better track risks and satisfy US regulators
5 min read4 Jun 2013Why there may not be too many takers for new banks
Given the constraints and complex licensing norms, firms are wondering if they should enter the banking business
7 min read20 May 2013Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared