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Amara is a veteran banker, with a successful career spanning over 29 years at State Bank of India (SBI). Prior to taking charge at SBI Card, he was the Chief General Manager, SBI Bhopal Circle, where he managed two key states, Madhya Pradesh and Chhattisgarh. ....
Swaminathan Janakiraman, Aswini Kumar Tewari take charge as SBI MDs Swaminathan J and Ashwini Kumar Tewari would be holding the position of Managing Directors of SBI for up to 3 years BusinessToday.In | January 28, 2021 | Updated 21:09 IST Ashwini Kumar Tewari and Swaminathan J have taken charge as the Managing Directors of SBI (Left to Right) Swaminathan J and Ashwini Kumar Tewari have taken charge as the Managing Directors of the country s largest lender State Bank of India (SBI) on Thursday. They would be holding this position for up to 3 years. Prior to his appointment as SBI s MD, Swaminathan was the Deputy Managing Director (Finance) at the bank where he was overseeing budgeting, capital planning, financial reporting, taxation, audit, economic research, investor relations, and secretarial compliance. ....
Read more about Market Ahead, January 28: Top factors that could guide markets today on Business Standard. The initial public offer of Stove Kraft was subscribed 2.93 times on Wednesday, the second day of bidding. The issue closes for subscription today ....
PVR, Inox Leisure: Stocks of multiplex operators will be in focus after the Ministry of Home Affairs (MHA) on Wednesday allowed cinema halls and theatres to operate with more people. At present, cinema screens are operating with 50 per cent seating restrictions. Meanwhile, PVR also launched QIP in order to raise funds. The floor price of Rs 1,495.93 per share is a 0.7% premium to Wednesday s closing price. ABFRL: Aditya Birla Fashion and Retail (ABFRL) has announced a strategic partnership with designer brand Sabyasachi by signing a definitive agreement for acquiring 51% stake in Sabyasachi brand. Union Bank of India: The firm will raise Rs 205 crore by issuing Basel III compliant bonds later this week. The bank is issuing Basel III compliant perpetual debt instruments in the nature of debentures on a private placement basis. ....
On the occasion of Republic Day, news has poured in from across the country about cooperative leaders celebrating the 72nd Republic Day with great enthusiasm. From national level Cooperatives to state level to district level to village level, co-ops have hoisted the national flag at their respective premises and celebrated the day with full gusto. In his message on the occasion, National Cooperative Union of India President Dileepbhai Sanghani said, ““On this day I urge fellow co-operators to take an oath to take cooperative movement to newer heights. Happy Republic Day!” IFFCO Managing Director Dr U S Awasthi wished the country through social media and wrote, “Heartiest Greetings & Best Wishes of Republic Day to everyone. Let’s pledge to increase agriculture output in terms of quality & quantity for our food security. Let’s also work together to strengthen the cooperatives of the country for good economic growth”. ....