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A corporate resolution is a document issued by a board of directors, outlining a binding corporate action. [ 1 ] Resolutions may authorize routine transactions such as opening corporate accounts, or adopting a fictitious business name . [ 2 ]
On 30 July 2007, UTI Bank changed its name to Axis Bank. [16] In 2009, Shikha Sharma was appointed as the MD and CEO of Axis Bank. [17] In 2013, Axis Bank's subsidiary, Axis Bank UK commenced banking operations. [18] The Indian government intends to sell a 20.7% stake in Axis Bank in February 2014 for 57 billion rupees, equivalent to 925 ...
With respect to public companies in the United States, a shareholder resolution is a proposal submitted by shareholders for a vote at the company's annual meeting. Typically, resolutions are opposed by the corporation's management, hence the insistence for a vote. "Voting has long been recognized as one of the primary rights of shareholders."
Shikha Sharma (born 19 November 1958) is an Indian economist and banker. She was the managing director and CEO of Axis Bank from 2009 to 2018. [1] [2] She also worked for nearly thirty years at the ICICI Group, across its bank and insurance companies.
Other resolutions: 320 × 83 pixels | 640 × 166 pixels | 1,024 × 266 pixels | 1,280 × 333 pixels | 2,560 × 666 pixels. Original file (SVG file, nominally 300 × 78 pixels, file size: 7 KB) This is a file from the Wikimedia Commons .
Other resolutions: 320 × 87 pixels | 640 × 174 pixels | 1,024 × 278 pixels | 1,280 × 347 pixels | 2,560 × 694 pixels. Original file (SVG file, nominally 284 × 77 pixels, file size: 10 KB) This is a file from the Wikimedia Commons .
The Reserve Bank of India extended financial support to the Board, meeting its expenses for the first five years. [3] However, on 28 September 2021, the member banks passed resolutions approving BCBSI dissolution. Accordingly it has stopped its operations and is under dissolution. [4]
The Single Resolution Mechanism (SRM) is one of the pillars of the European Union's banking union.The Single Resolution Mechanism entered into force on 19 August 2014 and is directly responsible for the resolution of the entities and groups directly supervised by the European Central Bank as well as other cross-border groups.