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

S&P Forecasts India’s GDP Growth at 6.6% in FY27 Amid Energy Stress and Weak Monsoon Concerns

Global Financial Rating Agency S&P Global Ratings has projected the India's growth for the FY27…

3 hours ago

BHIM Payments App Transaction Volumes Triple in Less Than a Year

According to NPCI, BHIM Services Limited (NBSL) app has processed the around 44 million transactions…

3 hours ago

What Is Boss Scam? Government Advisory Warns Against CEO Impersonation Fraud

As the cybercriminals are increasingly adopting the sophisticated methods to target the businesses and it…

3 hours ago

Hurun India 500 Report 2026: Top 10 Companies Account for 27% of Total Valuation

According to the latest Hurun India 500 Report 2026, India's corporate landscapes continues to be…

4 hours ago

PM Modi Offers Assistance to Venezuela After Devastating Earthquakes

India has extended the its support to the Venezuela after the series of the powerful…

4 hours ago

RBI Tightens Oversight of NBFCs Under Revised Scale-Based Regulation Framework

The Reserve Bank of India (RBI) has introduced the scale-based regulation framework for the Non-Banking…

5 hours ago