Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
»
1-min read

Govt Appoints MDs, CEOs in Ten Nationalised Banks

The Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi approved appointments of 10 MDs and CEOs of state-owned banks.

PTI

Updated:September 19, 2018, 8:40 PM IST
facebookTwitterskypewhatsapp
Govt Appoints MDs, CEOs in Ten Nationalised Banks
Image for Representation. (Reuters)
Loading...

New Delhi: Mrutyunjay Mahapatra and Padmaja Chundru, both deputy managing directors in State Bank of India, have been appointed as managing director and chief executive officer of Syndicate Bank and Indian Bank respectively, according to an official order issued Wednesday.

They are among 10 MDs and CEOs of state-owned banks whose appointments were approved by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi.

Five of the 10 newly named MDs and CEOs are working as deputy managing directors in SBI.

Mahapatra and Chundru will have tenure till the date of their superannuation, i.e. May 31, 2020 and August 31, 2021, respectively, the order issued by the Personnel Ministry said.

Three other Dy MDs of SBI — Pallav Mohapatra, J Packirisamy and Karnam Shekhar — have also been appointed as MD and CEO of Central Bank of India, Andhra Bank and Dena Bank, respectively.

They all will have tenure till the date of their superannuation.

Mohapatra and Packirisamy's tenure will last till February 28, 2021. Shekhar will be the MD and CEO of Dena Bank till June 30, 2020.

Besides, S S Mallikarjuna Rao has been appointed MD and CEO of Allahabad Bank initially for a period of three years. Rao's tenure will be extendable up to the date of his superannuation, i.e. January 31, 2022, the order said.

He is the Executive Director of Syndicate Bank.

A S Rajeev, Executive Director of Indian Bank, has been named MD and CEO of Bank of Maharashtra for an initial period of three years and extendable up to two years after "review of his performance", it said.

Atul Kumar Goel and S Harisnakar have been appointed MD and CEO in UCO Bank and Punjab & Sind Bank respectively. Goel is ED, Union Bank of India, and Harisnakar is the Executive Director of Allahabad Bank.

Ashok Kumar Pradhan will be MD and CEO of United Bank of India. He is at present the ED of the same bank.

| Edited by: Ahona Sengupta
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Indiabulls Hsg 587.30 5.72
Yes Bank 108.60 5.23
IndusInd Bank 1,423.00 3.02
UPL 852.85 -10.25
HDFC 2,202.75 1.26
Company Price Change %Gain
Indiabulls Hsg 587.50 5.78
Yes Bank 108.50 5.08
Shriram Trans 1,081.55 1.87
UPL 853.35 -10.22
Rel Capital 61.00 12.86
Top Gainers
Company Price Change %Gain
Indiabulls Hsg 587.30 5.72
Yes Bank 108.60 5.23
Sun Pharma 389.45 3.80
IndusInd Bank 1,423.00 3.02
JSW Steel 266.80 2.40
Company Price Change %Gain
Yes Bank 108.50 5.08
Sun Pharma 388.50 3.45
IndusInd Bank 1,422.95 2.90
ONGC 169.85 1.49
Vedanta 171.15 1.69
Top Losers
Company Price Change %Gain
UPL 852.55 -10.29
Wipro 286.45 -2.58
Tech Mahindra 723.45 -1.65
Adani Ports 395.70 -2.94
Axis Bank 763.10 -0.99
Company Price Change %Gain
Axis Bank 763.40 -1.02
HUL 1,799.65 -0.65
ITC 276.00 -0.49
NTPC 134.00 -0.45
TCS 2,254.50 -0.24

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results