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finance department

In a league of their own

Last month, Roopa Kudva joined the ranks of a handful of women professionally managed financial position of the Institute. She received the name of MD & CEO of the incumbent chief Crisil R Ravimohan has been increased for the post of Managing Director and head of the region in South Asia Crisil of the parent company of Standard & Poor’s.

Those who believe that Ms. Kudva a former ICICIer “may be awarded. It was the creation within the team Crisil - an institution encouraged by the Icici time, which has a reputation for promoting more Presidents of women in the financial sector.

Kudva woman began his career with Industrial Development Bank of India, Icici, then a rival, and was its finance department of the project. She was among the few daring that has thrown a lot in creating a credit rating agency during the year 1992, an era, belongs to a minority on the activity of India. There was also a personal reason for the move. Add Crisil gave him an opportunity to Bangalore, where her husband was published.

She is a graduate of Statistics and an MBA from the Indian Institute of Management, Ahmedabad. The daughter of an officer of IAS most of the time of his childhood in the North-East and moved to Mumbai, after they have IDBI.

A decisive moment in his career came when she was seconded Standard & Poor’s office in Paris as director, financial institutions rated in the year 1998 and to cover emerging markets in the Mediterranean and the Near and Middle East. Two years later, she was Chief Officer Ratings - top-rating work in the business.

As a company of the audit began in India, they were a pain to say that the notation was not guaranteed, but express an opinion. An opinion for the costs were paid by the company in which the opinion was adopted. As head of Crisil’s Rating Affairs, Ms. Kudva us the idea that the credit rating agency should not be confined to the debt.

Ms. Kudva appointment is a time when prospects are bright with Crisil standards RBI, banks more support by the rating agencies. The Fellowship of the regulatory authority has also sought the services of rating agencies to read Exchange. But business is challenges layers of coverage. A few weeks before the S & P chief Kathleen Corbet occurred to make room for Indian to head the largest credit rating agency.

The move was widely seen as a criticism of falling into the world of rating agencies for their failure to guard against the risk of Subprime mortgage business. As head of the third rating agency, Ms. Kudva now has the task of shareholders happy and at the same time maintaining investor confidence in the rating agencies.

Fifth Committee to pay Rs 2500 cr cost exchequer

Lucknow: finance minister harish chandra srivastava said that the steps taken by the government for sanctioning of fifth pay commission scales to teachers and recruitment posts on c group had made it necessary to raise an additional amount of rs 2500 crore.
Inaugurating he was a training camp for the treasury officers and accounts officers with regard to computerisation of all treasuries and their interlinking via internet and launching of the website at institute of financial management, training and research here on monday.
He said that for maintaning cash flow in the state, the central government had been requested to give funds to the rural development agencies through the state government.
He said that the 11th finance commission had provided rs 15.18 crore for computerisation of treasuries, treasury directorate and offices of the finance department.
Speaking on the occasion, secretary finance, misra anand said that the website of the treasuries `www.upgov.up.nic / uptreasuries’ latest would provide information to the people. Director of treasuries shrikant sinha said that the website had pla details of accounts, revenue daily receipts, cash flow report, and even the retired employees could know about the details of their pension.

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