Government swaps chief executives of IDBI Bank, Indian Bank

The Centre has swapped the Chief Executive Officers (CEOs) of state-owned Indian Bank and IDBI Bank.

Mahesh Kumar Jain, who was Managing Director & CEO at Indian Bank, has been appointed as Managing Director & CEO of IDBI Bank. Kishore Piraji Kharat, who was appointed as IDBI Bank CEO, has now been appointed as Managing Director and CEO of Indian Bank.


Takeaways from above News-
  • Slogan of IDBI bank is ‘Bank Aisa Dost Jaisa’
  • IDBI bank headquarter is in Mumbai
  • IDBI bank full form is Industrial Development Bank of India
  • Slogan of Indian Bank is ‘Your Own Bank’
  • Indian bank headquarter is in Chennai.

Source- The Economic Times

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