The government has appointed Tilak Raj Bajalia as deputy managing director of Small Industries Development Bank of India (SIDBI).
Before this appointment, he was working with IDBI Bank, where he was the executive director looking after human resources.
In his banking career spanning over 38 years he has handled portfolios like corporate and retail finance, recovery and NPA management, restructuring.
He set up an MSME vertical in IDBI Bank and was on SIDBI board as IDBI Banks’ nominee since 2009, the statement said.