Vikram Pandit

Vikram Pandit-led fund invests Rs 540 cr in JM Financial arm

Well known banker Vikram Pandit-led global fund has invested Rs 540 crore in JM Financial's real estate lending subsidiary FICS.

Nov 20, 2014, 23:06 PM IST

Vikram Pandit launching new consulting firm

Citigroup`s former Indian-American CEO Vikram Pandit is partnering with the co-author of the popular "Freakonomics" book series to launch a new consulting business, according to a media report.

Feb 21, 2014, 12:29 PM IST

Azim Premji may hike stake in JM Financial

As JM Financial awaits RBI view on its bank licence plea, market is abuzz with talks of billionaire Azim Premji buying additional five percent stake in the company that has also roped in former Citibank chief Vikram Pandit as a key investor for its banking pursuit.

Dec 01, 2013, 16:13 PM IST

RBI sets up panel to frame vision for financial inclusion

The Reserve Bank Monday announced a 13-member committee, including former Citibank CEO Vikram Pandit and Axis Bank chief Shikha Sharma, to frame a "clear and detailed" vision for financial inclusion/deepening across the country.

Sep 23, 2013, 17:59 PM IST

JM Financial stock surges 17% after tie-up with Vikram Pandit

Shares of JM Financial on Friday shot up by nearly 17 percent in morning trade, after the company said former Citigroup chief Vikram Pandit will buy stake in it.

May 17, 2013, 15:49 PM IST

Sensex fails to maintain early momentum; moves southwards

The BSE Sensex on Friday failed to maintain initial gains and declined by seven points in late morning deals due to mild profit booking in consumer durables, healthcare, capital goods and banking sectors, following overnight losses in the US market.

May 17, 2013, 09:55 AM IST

Vikram Pandit to buy stake in JM Financial, to lead its banking foray

Beginning a new innings, former Citigroup chief Vikram Pandit will spearhead Nimesh Kampani- led JM Financial's proposed banking venture and will also make a strategic investment in the financial services group.

May 16, 2013, 22:58 PM IST

Citi to pay $6.6 mn to former CEO Vikram Pandit

The bank said the payments to Pandit and Havens reflect the progress the bank made in 2012 and work they did in some earlier years.

Nov 10, 2012, 09:57 AM IST

Was Citigroup CEO Vikram Pandit fired or did he resign?

Citigroup Chairman Michael O'Neill told investors in conference calls and interviews that the decision to step down was Pandit’s alone. “Vikram chose to submit his resignation and the board accepted it,” O’Neill said.

Oct 28, 2012, 21:03 PM IST

Citi Chairman planned Pandit's ouster for months: Report

O'Neill, who had been on the board since 2009, had for long vied for Pandit's position of CEO, the report said.

Oct 26, 2012, 15:47 PM IST

'Indians as global CEOs continuing story; Pandit case one-off'

Despite Pandit's departure and the charges against another high-profile Indian-origin executive Rajat Gupta, the former Goldman Sachs director, the number of India-born CEOs at reputed international MNCs remains very impressive, the experts said.

Oct 21, 2012, 14:12 PM IST

Vikram Pandit's successor Corbat to take home $1.5mn base pay

However, Citi, which under Pandit's stewardship returned to profitability, is yet to disclose details of severance package for the former India-born chief executive.

Oct 17, 2012, 19:24 PM IST

Vikram Pandit forced out as Citigroup chief: Reports

According to media reports, Pandit's exit came in the wake of differences with the board.

Oct 17, 2012, 14:39 PM IST

Vikram Pandit may quit Citigroup without rich exit package

Vikram Pandit is likely to quit Citigroup Inc without a rich exit package, although final terms of his departure will not be known for several days.

Oct 17, 2012, 13:12 PM IST

Vikram Pandit steps down as Citigroup CEO

Citigroup CEO Vikram Pandit Tuesday stepped down from his post and member of the US banking giant's Board.

Oct 16, 2012, 18:35 PM IST

Citi expects majority of biz from emerging markets: Vikram Pandit

Global banking major Citigroup expects majority of its businesses to come from emerging markets including Asia, its Chief Executive Vikram Pandit has said.

Aug 21, 2012, 19:39 PM IST

Citi not to seek Fed approval to boost capital return in 2012

In the meantime, the bank will continue to build additional capital through earnings and the ongoing reduction of non-core assets, the statement said.

Jun 09, 2012, 16:28 PM IST

Citi shareholder sues Vikram Pandit, directors over compensation

Citigroup's India-born CEO Vikram Pandit and its directors have been sued by a shareholder, saying that the board spent funds in an "unwarranted and excessive" manner on compensation packages for its executives.

Apr 22, 2012, 14:54 PM IST

Citigroup CEO Pandit, directors sued over excessive pay

Citigroup's Indian American CEO Vikram Pandit and its directors have been sued by a bank shareholder over a compensation package that was contested by investors in a rare failed "say-on-pay" vote.

Apr 21, 2012, 09:57 AM IST

Citigroup shareholders object Vikram Pandit’s package

Showing frustration with large payouts to Wall Street executives, Citigroup's shareholders have voted against the bank's proposal on top level compensations, which included a USD 15 million package for its India-born CEO Vikram Pandit.

Apr 18, 2012, 10:59 AM IST