Where is amitabh chaturvedi

He resigned from his executive role in January this year and is currently on the boards of three of the Karvy group companies as non-executive director.

He has stepped down as KMP. He also denied that Chaturvedi was serving his notice period at the group. The rejig came a little over a month after stock market regulator Sebi banned Karvy Group flagship KSBL for pledging securities of its clients with lenders without permission from those very clients, to raise funds.

This was a violation of the then newly introduced Sebi rules that had kicked in on October 1, Account Login Subscribe. Read full story. She leads and manages end-to-end processing of guest articles from Senior HR and Business leaders. She also takes care of the community engagement for various branded projects for the company. With ace networking skills and eye for details, she thrives to bring fresh and renowned HR and business leaders on board. With our advanced search, you and your team can quickly nail down the strongest prospects and ensure that you're going to find the best fit.

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Apparently, there was also some heartburn among some long-serving senior executives that new recruits at the top level were being paid much higher salaries and perks that were out of sync with the volume of business generated.

As the Mint report noted, several of the bank's efficiency parameters started to decline. Return on assets fell to 0. The cost-income ratio, which indicates how much cost is incurred to earn one unit of income, also deteriorated over the bank's aggressive expansion. By March , the ratio was a high 83 percent, according to this Moneylife report. The bank also seemed to be suffering from some liquidity problems. Three, the bank has been dogged by controversies since last September, mainly over its asset quality and allegations from one bank union -- All India Bank Officers' Confederation -- that the bank was "fudging its accounts" to show "inflated" profits,in a story broken by Moneylife.