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ICICI chairman going to head BRICS Ba...

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Tilak
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Username: Tilak

Post Number: 28078
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Posted on Monday, May 11, 2015 - 08:12 am:       


Bongaram:

anyway.. chala cases deal chestunnadu kada ani pampinchaledemo


anduke antunna .. picchodu ani .. vachina post teesukuni chetanainadi cheyyali .. antha kante work out avvadu aayanaki ippudu ..
Narendra Modi, Pradhan Mantri, Bharata Ganarajya - www.pmindia.nic.in - www.narendramodi.in
 

Bongaram
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Posted on Monday, May 11, 2015 - 06:52 am:       


Tilak:

Subbu Swami pichodu .. ee post ni reject cheyyadaniki .


Unrealtimes vadidi joke untundi.. Swami rejected because twitter was blocked in china.. :D

anyway.. chala cases deal chestunnadu kada ani pampinchaledemo
 

Tilak
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Posted on Monday, May 11, 2015 - 06:48 am:       

Good candidate. India lo private banking ni success chesadu .. with his vision.

Subbu Swami pichodu .. ee post ni reject cheyyadaniki .. he could have done so much!!
Narendra Modi, Pradhan Mantri, Bharata Ganarajya - www.pmindia.nic.in - www.narendramodi.in
 

Bongaram
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Posted on Monday, May 11, 2015 - 06:45 am:       

ICICI'S K.V KAMATH NAMED BRICS BANK PRESIDENT

Eminent banker K V Kamath was today appointed as head of the USD 50 billion New Development Bank being set up by the five emerging economies of BRICS grouping.

Kamath will have a five year term of the bank, which is likely to be operationalised within one year, Finance Secretary Rajiv Mehrishi said.

Kamath is the Chairman of the India's largest private sector bank ICICI.

Leaders of the emerging economies of Brazil, Russia, India, China and South Africa (BRICS) had last year reached an agreement to establish the New Development Bank, with its headquarters in Shanghai. As per the agreement, India got the right to nominate the first president.

Kamath has been named the first president of the NDB, Mehrishi said.

The BRICS nations account for nearly USD 16 trillion in GDP and 40 per cent of the world's population.

The bank will start with an initial paid-in-capital of USD 50 billion with each BRICS country contributing USD 10 billion.

After serving at ICICI for more than a decade, Kamath had moved to Asian Development Bank, Manila, in the Private Sector department in 1988.

His principal work experience at ADB was in various projects in China, India, Indonesia, Bangladesh and other emerging nations.

http://www.dailypioneer.com/top-stories/icicis-kv-kamath-nam ed-brics-bank-president.html

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