Union Bank of India’s managing director and CEO, Rajkiran Rai an extension of two-year given in its ongoing merger process with Andhra Bank and Corporation Bank. Rai, whose term would have ended yesterday, will now be serving till May 31, 2022.
Rai was appointed as the managing director of Union Bank on July 1, 2017, for a period of 3 years until June 30, 2020. The extension of Rai’s tenure implies to facilitate the merger properly. The merged entity is now India’s fifth-largest public sector bank.
Did you know that kidney beans are one of the most widely eaten beans in…
Did you know that every country has a special city where important decisions are made…
Astep toward wildlife conservation and public safety. The Deputy CM of Andhra Pradesh Pawan Kalyan…
Jio Platforms Limited has appointed telecom industry veteran Dan Bailey as its new President to…
The Top 10 most popular websites of 2026 show how the internet continues to evolve…
Saba Shawl has been appointed as the first Kashmiri woman to head Central Jail Srinagar,…