RBI Approved Hinduja Group’s Director to join Reliance Capital’s Board amid Bankruptcy
The Reserve Bank of India (RBI) has approved the appointment for five representatives from the Hinduja Group to join the board of Reliance Capital, which is facing financial challenges, according to sources.
The Central Government Appoints Vinay Tonse as MD of SBI
The central government has announced the appointment of Vinay M Tonse as the Managing Director (MD) of the State Bank of India (SBI), on November 20, for the period of 2 years till November 30, 2025, according to CNBC-TV18.
Lakshmi Ramakrishna Srinivas Appointed as Additional Director at South Indian Bank
The Board of South Indian Bank has appointed Lakshmi Ramakrishna Srinivas as Additional Director (Non-Executive Independent Director) with effect from November 20, 2023 for a period of 3 years.
Sanjeev Mantri Appointed as MD & CEO of ICICI Lombard
Sanjeev Mantri has been appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of ICICI Lombard General Insurance Company Limited for a period of 5 years.
Rajan Sharma Appointed as Chief of Private Brands at Shoppers Stop
Rajan Sharma has been appointed as Customer Care Associate & Chief of Private Brands of Shoppers Stop Limited with effect from November 20, 2023.
Saji K Louiz Appointed as CFO of Wonderla Holidays
Saji K Louiz has been appointed as the Chief Financial Officer (CFO) and as a Key Managerial Person of Wonderla Holidays with effect from November 20, 2023.
Ashish Goenka Resign As A President & CFO of Jubilant Foodworks
Ashish Goenka has resigned from the post of President, Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) at Jubilant Foodworks with effect from December 15, 2023.
Sujit Barde Appointed as Head – Welding & Cutting Automation at Ador Welding
Sujit Barde has been appointed as the Head – Welding & Cutting Automation (WCA) Business (Senior Management Personnel) of Ador Welding Limited with effect from November 20, 2023.
Avinash Vasant Prabhu Appointed As CFO Of Union Bank
Avinash Vasant Prabhu has been appointed as Chief Financial Officer (CFO) of Union Bank of India for a period of 3 years, with effect from November 20, 2023.
RBI Is Considering Framework Revamp By Increasing Penal Amounts
The Reserve Bank of India (RBI) is considering a thorough review of its penalty framework, Business Standard reported, citing reliable regulatory sources.