Thursday, August 27
RBL Bank on Monday announced that its Chief Financial Officer, Buvanesh Tharashankar, has resigned from his position to pursue opportunities outside the bank. His resignation took effect from the close of business hours on December 15, 2025, the lender said in a regulatory filing.In his resignation letter, Tharashankar wrote: “This decision comes after careful consideration of my personal and professional objectives. While it was not an easy choice, I believe it is the right step for me at this juncture of my career as I would like to explore opportunities outside the Bank.”He also expressed gratitude for his time at RBL Bank, stating: “I would like to express my sincere gratitude for the opportunities and support I have received during my tenure with the organisation. Working here h
State Bank of India has appointed Ravi Ranjan as its managing director with effect from December 15, 2025, India's largest public lender said in a regulatory filing on Monday.The appointment was notified by the Department of Financial Services under the Ministry of Finance through a government notification issued on December 15. Ranjan, who was previously serving as a deputy managing director at SBI, assumed charge on the same day.Under the notification, issued in exercise of powers under the State Bank of India Act, 1955, Ranjan will remain in office until his superannuation on September 30, 2028, or until further orders, whichever is earlier.Following his elevation, Ranjan will oversee key portfolios including risk management, compliance and the Stressed Assets Resolution Group (SARG), a
