Anshul Swami has been named managing director and chief executive officer of Shivalik Small Finance Bank. Swami’s nomination has already been accepted by the Reserve Bank of India (RBI). Swami succeeds Suveer Kumar Gupta, who co-founded the bank and guided it through its transformation from an urban co-operative to a local finance institution. According to insiders, Gupta will now serve as an adviser to the Board of Directors.
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