financetom
Business
financetom
/
Business
/
India clears appointments of 12 executive directors for state-owned banks
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
India clears appointments of 12 executive directors for state-owned banks
Oct 8, 2023 11:16 AM

The government has approved the appointments of 12 general managers as executive directors (EDs) of various public sector banks (PSBs). According to sources, the Appointments Committee of the Cabinet on Saturday approved the appointments of 12 EDs.

Share Market Live

NSE

As per the government order, Sanjay Rudra, general manager, Bank of Maharashtra, has been appointed ED, Union Bank of India. Another GM from the same bank, Vijaykumar N Kamble will take over as ED of UCO Bank. Besides, sources said, Bhavendra Kumar, currently Chief General Manager with Canara Bank, has been elevated to become ED of the same bank.

Bibhu Prasad Mahapatra, Chief General Manager of Punjab National Bank, has been elevated as ED of the bank, while Ravi Mehra, general manager, has been promoted to become ED of Punjab & Sind Bank. Rajiv Mishra, Chief General Manager with Union Bank of India, will take over as ED of Bank of India, and Brajesh Kumar Singh, Chief General Manager of Bank of Baroda, will join Indian Bank as ED in March.

At the same time, Rohit Rishi, Chief General Manager in Indian Bank, will take over as ED of Bank of Maharashtra next month. In addition, the government has approved the appointment of Lal Singh as ED, Bank of Baroda; Shiv Bajrang Singh as ED, Indian Bank; Mahendra Dohare as ED, Central Bank of India; and Dhanaraj T as ED, Indian Overseas Bank.

Also Read:Max Financial files Axis Bank-Max Life deal papers with IRDAI

(Edited by : Sangam Singh)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Vanguard to pay $106.4 million to settle US SEC charges, regulator says
Vanguard to pay $106.4 million to settle US SEC charges, regulator says
Jan 17, 2025
(Reuters) - The Vanguard Group has agreed to pay $106.4 million to settle U.S. Securities and Exchange Commission (SEC) charges over misleading statements related to capital gains distributions and tax consequences for retail investors, the regulator said on Friday. The SEC found that retail investors in certain Vanguard target retirement funds faced higher tax liabilities and were deprived of potential...
--BlackRock Reaches Settlement With State of Tennessee Over ESG Dispute
--BlackRock Reaches Settlement With State of Tennessee Over ESG Dispute
Jan 17, 2025
01:10 PM EST, 01/17/2025 (MT Newswires) -- Price: 1010.94, Change: +15.22, Percent Change: +1.53 ...
TikTok CEO thanks Trump for push to keep app available in US as ban looms
TikTok CEO thanks Trump for push to keep app available in US as ban looms
Jan 17, 2025
(Reuters) - TikTok CEO Shou Zi Chew said on Friday he wants to thank U.S. President-elect Donald Trump for his commitment to work with the company and find a solution that keeps the app available in the United States. The company has until Sunday, Jan. 19, to cut ties with its China-based parent ByteDance or shut down its U.S. operation...
US lawmakers cheer Supreme Court for upholding TikTok ban law
US lawmakers cheer Supreme Court for upholding TikTok ban law
Jan 17, 2025
WASHINGTON (Reuters) - U.S. lawmakers on both sides of the aisle hailed a ruling by the Supreme Court on Friday that upheld a law that gives popular Chinese-owned social media app TikTok until Sunday to be bought by an American company or be banned. The justices unanimously ruled the law, passed by an overwhelming bipartisan majority in Congress last year...
Copyright 2023-2025 - www.financetom.com All Rights Reserved