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Shyam Srinivasan is Business Standard Banker of the Year

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Shyam Srinivasan, managing director and chief executive officer (CEO) of Federal Bank, is the Business Standard Banker of the Year for 2019-20. The award was given for his bank’s consistent healthy performance at a time when most of its peers witnessed large stress on asset quality, registered losses, or even invited regulatory actions.

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The unanimous decision was taken by a high-profile jury of five, chaired by former RBI deputy governor S S Mundra. He was chosen for his bank’s consistent healthy performance at a time when most of its peers witnessed losses or other issues.

Important takeaways for all competitive exams:

  • Federal Bank Founder: K.P Hormis.
  • Federal Bank Founded: 23 April 1931.

Find More Awards News Here

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