Bourses should learn to say no to SME IPOs: Ashwani Bhatia

Bourses should learn to say no to SME IPOs: Ashwani Bhatia

Stock exchanges should learn to say ‘no’ to public listings of small and medium enterprises(SMEs), said a senior Sebi official on Monday. “I was a banker and I was told to say no when required,” Sebi whole-time member Ashwani Bhatia said at an industry event. “Nobody is saying no to SME listings, even when they … Read more

Ashwani Bhatia takes charge as SBI’s managing director

Ashwani Bhatia takes charge as SBI’s managing director

The State Bank of India on Monday said Ashwani Bhatia has taken charge as its managing director. Bhatia is the fourth MD of SBI, with Dinesh Khara, Arijit Basu and C S Setty being the other three. He will be responsible for the IT and Stressed Assets Resolution Group (SARG)in the new role, the bank … Read more