R Subramaniakumar was initially appointed for a period of three years as MD and CEO of the bank in June 2022
Our bank had a total capital adequacy ratio of 17.07 per cent and Tier-I (entirely CET1) of 15.15 per cent as on September 30, 2023 (inclusive of profits for the half year), he says
In a Q&A, R Subramaniakumar dwells on the lender's strategy to fuel growth in credit cards and microfinance, and plans to mop up deposits in an increasingly difficult market
The central bank has picked R Subramanian, RS Ratho and Rohit Jain as executive directors.
In 2015, the Economic Offences Wing (EOW) of the Tamil Nadu Police had arrested Subramanian for allegedly cheating depositors to the tune of around Rs 1.50 billion