Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
RBI APPROVES ASHOK VASWANI AS KOTAK MAHINDRA BANK CEO & MD
The Business Guardian
|October 23, 2023
The appointment of Ashok Vaswani as Kotak Mahindra Bank’s managing director and CEO has been authorized by the Reserve Bank of India
-
Surprisingly, on Saturday, Kotak Mahindra Bank revealed that its founder, Uday Kotak, will be succeeded as managing director and chief executive officer by an outsider, Ashok Vaswani.
Vaswani has a lengthy history working with international banks including Citigroup and Barclays. Currently, he serves as president of Pagaya Technologies, a US-Israeli fintech company. The Reserve Bank of India has accepted Vaswani’s appointment for a three-year term, the bank stated in a statement.
Speculations were rife that an internal candidate was being chosen to succeed Kotak. As per norms, a lender has to send three names in order of preference and the list may include an external candidate as well.
To a specific question on whether Vaswani was the top choice for the job, Kotak Mahindra Bank’s interim chief executive officer and managing director Dipak Gupta said that Vaswani’s name was recommended by the board and the RBI has approved it.
Cette histoire est tirée de l'édition October 23, 2023 de The Business Guardian.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE The Business Guardian
The Business Guardian
DPA Kandla sets new record with 81,024-ton coal discharge in 24 hours
Deendayal Port Authority (DPA), Kandla has set a new record by discharging a mammoth 81,024 tonnes of coal in just 24 hours from the vessel M V MARATHOS at Cargo Berth No. 7, the highest single-day coal discharge at one of India's busiest ports.
1 mins
November 24, 2025
The Business Guardian
Lotus shines brighter than ever
Many people believe that the present BJP, which has 240 seats in the Lok Sabha, is weaker than the BJP of 2019, which had 303 seats. From a purely parliamentary numbers perspective, the party now depends on allies to retain power. Because of this, many assumed that the 2024 Lok Sabha election results marked the beginning of the BJP's decline.
3 mins
November 24, 2025
The Business Guardian
Agentic AI adoption surges as 58% of India GCCs go beyond experimentation
India-based Global Capacity Centres (GCC) have moved from Artificial Intelligence (AI) experimentation to enterprise-scale adoption, with 58 per cent of centres currently investing in Agentic AI and another 29 per cent planning to scale over the next year, as per the latest edition of EY India GCC Pulse Survey 2025.
2 mins
November 24, 2025
The Business Guardian
Crime Branch arrests key interstate narcotics supplier, recovers heroin worth over Rs 8 cr
In a major breakthrough against interstate narcotics trafficking, Delhi Police's Crime Branch has arrested Tushar, a key member of a narcotics syndicate, wanted in two separate Narcotic Drugs and Psychotropic Substances (NDPS) Act cases involving the recovery of high-purity heroin worth over Rs 8 crore.
1 min
November 24, 2025
The Business Guardian
INDIA REAFFIRMS CLIMATE EQUITY AND JUSTICE AT UNFCCC COP30 IN BRAZIL
The country underscored that the decision recognized the urgent adaptation needs of developing nations
2 mins
November 24, 2025
The Business Guardian
CAIT to launch nationwide 'Swadeshi Sankalp Rath Yatra'
The Confederation of All India Traders (CAIT) is set to roll out a nationwide \"Swadeshi Sankalp Rath Yatra\" to promote the idea of Swadeshi, echoing Prime Minister Narendra Modi's call to \"Sell Swadeshi - Buy Swadeshi.
1 mins
November 24, 2025
The Business Guardian
India, Israel may seal first phase of Free Trade Agreement: Goyal
Union Commerrce Minister Piyush Goyal has said that there is a clear indication that India and Israel might finish the first phase of their proposed free trade agreement (FTA) before moving to the whole deal in a second phase.
1 min
November 24, 2025
The Business Guardian
He said teachers tortured him a lot: Woman who saw school student before he died
Deepshikha, the woman who saw the school student last time, before he headed to the Rajendra Place Metro Station and allegedly died by suicide, said that he looked disturbed and told her that the teachers \"tortured\" him.
1 mins
November 24, 2025
The Business Guardian
Unstructured clinical data opens fresh market for AI firms
The healthcare industry's vast pool of unstructured clinical data is fast emerging as a major market opportunity for companies building Artificial Intelligence (AI)-driven solutions, say experts and market watchers.
1 mins
November 24, 2025
The Business Guardian
LG, Amazon ink Wi-Fi patent licensing agreement
LG Electronics said it signed a patent licensing deal with Amazon for the use of its WiFi standard-essential patents, marking a significant step in the company's push to strengthen its position in global technology standards, as per a report by Pulse, the English service of Maeil Business News Korea.
1 min
November 24, 2025
Translate
Change font size