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.
Silk, often hailed as the queen of textiles, holds a significant place in India's cultural…
World Tuna Day, observed annually on May 2nd, is dedicated to raising awareness about the…
The Ministry of Corporate Affairs (MCA) has granted its approval for the appointment of Hitesh…
India, renowned for its rich tapestry of natural landscapes and cultural heritage, is home to…
Paul Auster, the renowned American novelist and filmmaker, has passed away at the age of…
Renowned playback singer Uma Ramanan, who predominantly sang in Tamil, passed away at the age…