Categories: Awards

Shyam Srinivasan is Business Standard Banker of the Year

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.

Boost your Banking Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams

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

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Which Animal is known as the Guardian of the Forest?

Have you ever noticed that forests have their own protectors? Nature creates a balance where…

9 hours ago

Which Mountain Range Blocks Cold Winds in India?

Ever wondered why winters in India feel cool but not extremely freezing? Nature has placed…

10 hours ago

Which was the First Book to Win the Booker Prize?

Did you know one of the world’s most famous literary awards started with a quiet…

11 hours ago

NCDC Implements Yuva Sahakar and Swayamshakti Sahakar Schemes to Strengthen Cooperative Sector

The National Cooperative Development Corporation (NCDC) is implementing two major initiatives—Yuva Sahakar Scheme and Swayamshakti…

12 hours ago

PNB LUXURA Metal Credit Card: Fees, Benefits, Rewards, and Eligibility

The PNB LUXURA Metal Credit Card is a premium credit card launched by Punjab National…

12 hours ago

Karnataka Introduces Automatic Property Mutation System to Speed Up Land Transactions

The Karnataka government has announced the rollout of an automatic property mutation system, a major…

12 hours ago