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Arijit Basu takes charge as managing director of SBI

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Press Trust of India Mumbai

The country's largest lender, State Bank of India, today said Arijit Basu has taken charge as managing director of the bank.

Basu will be in charge of commercial credit and IT, and will also hold additional charge of stressed assets resolution group, the bank said in a statement.

One of the managing directors of the bank, B Sriram, last week had assumed charge as managing director and CEO of IDBI Bank. ******************* PCI appoints Patel as new chairman *

Payments Council of India (PCI), the apex body representing the companies in the payments and settlement system, today appointed Infibeam Avenues director, Vishwas Patel, as its new chairman.

 

PCI has also announced the appointment of Hitachi Payment Services managing director, Loney Antony, as the new co-chairman. ************* MFIN appoints Kumar as new president *

Microfinance Institutions Network (MFIN), the self-regulatory organisation (SRO) for the microfinance industry has appointed CreditAccess Grameen's managing director and CEO, Udaya Kumar, as its new president.

It also elected Annapurna Microfinance director, Dibyajyoti Pattnaik, as the new vice president. *************** Perfetti Van Melle India appoints Rajesh Ramakrishnan as MD *

Confectioner maker Perfetti Van Melle India today said it has appointed Rajesh Ramakrishnan as managing director.

He will be responsible for the overall operations of the company for India and Nepal.

Ramakrishnan joined Perfetti Van Melle in 2014 as the managing director for Bangladesh and in August 2017, he moved to India as the chief transformation officer.

He will take over from Ramesh Jayaraman who has moved to another role within the Group, the company said in a statement.

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First Published: Jul 02 2018 | 3:40 PM IST

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