Yak Come Across The Novel Ceo Of Idbi Banking Concern - Rakesh Sharma

Senior banker Rakesh Sharma has been appointed equally the novel Managing Director together with Chief Executive Officer (MD & CEO) of IDBI Bank. He volition hold out inwards the set for vi months or until farther orders. Sharma is a quondam Dr. together with CEO of Canara Bank together with was amidst the few bankers hired inwards 2015 from the mortal sector to Pb large state-run banks. Prior to that, he was at the helm of Lakshmi Vilas Bank.

He is going to supercede B Sriram, who retired from his post service on 1st Oct 2018, later on iii months at the helm of the state-owned lender.

Sharma volition directly facilitate the merger of IDBI Bank alongside Life Insurance Corporation of Republic of Republic of India (LIC).  Recently LIC has received aproval to increase it's stake inwards the banking concern to a maximum of 51 per cent. 

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