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

Kerala Gets First Private Medical Museum in Thiruvananthapuram

The state of Kerala got the first private medical museum, which is established in Ulloor,…

9 hours ago

Indian Railways Launches CHIRAG Centre in Hyderabad to Modernise HR Governance with AI

Indian railways has launched the CHIRAG Centre in Hyderabad. It is a dedicated national hub…

9 hours ago

Sports Ministry Notifies Rules for National Sports Board and Tribunal Under Governance Reform Act

India's Sports Ministry has notified the operational rules for the National Sports Board (NSB) and…

9 hours ago

IIP Reform Explained: New Base Year, Chain-Linked Methodology, and What It Means for India

Ministry of Statistics and Policy Implementation (MoSPI) has proposed the major overhaul of the Index…

9 hours ago

Assam Introduces UCC Bill 2026 in Assembly, Proposing Major Personal Law Reforms

The Assam state government has tabled the Uniform Civil Code (UCC) Bill, 2026 in the…

10 hours ago

RBI Tightens Urban Co-operative Bank Governance with New Director Tenure Limits

The Reserve Bank of India (RBI) has introduced stricter norms for the directors of Urban…

11 hours ago