A leadership transition is underway with the selection of a new chief executive. The bank's board has given its approval for this process.
The appointment will be for three years, pending regulatory approval. Two candidates have been shortlisted and their names will be submitted along with proposed pay details.
Further information on this development can be found through the bank's exchange filing, which provides more details on the selection process and the regulatory framework guiding the appointment.
Mumbai, September 12, 2026: In a city where an ambulance is expected to reach a patient before every passing minute counts, 82 of the 427 ambulances inspected by the RTO between January and August were found violating rules. The violations have triggered action and fines of more ...
Mumbai, September 12, 2026: For consumers buying medicines in Maharashtra, the risk of encountering drugs being sold without prescriptions, medicines making unauthorised claims or products that do not meet quality standards appears to be under increased scrutiny, with the Food an...
Mumbai, September 12, 2026: Patients visiting four major BMC-run medical college hospitals—Sion, KEM, Nair and Cooper—are likely to get faster access to MRI scans within the next three months, as the civic body has received four new machines that are awaiting installation and com...
Vaishali, September 12, 2026: The Central Bureau of Investigation (CBI) has conducted searches at 10 locations in Vaishali district of Bihar, Jagatsinghpur district of Odisha and arrested one person in connection with an illegal SIM Box operation being used to perpetrate cyber-en...
The India-European Union free trade agreement (FTA) will provide European automobile manufacturers with a phased tariff advantage for vehicle exports to India. Under the proposed pact, EU-origin passenger vehicles will be eligible for concessional import duties, with the annual q...
Thane, September 12, 2026: The Anti-Corruption Bureau (ACB) caught a revenue assistant and a peon from the Thane Collector’s Office red-handed on Friday evening while accepting a bribe of Rs 50,000. The bribe was demanded to update and activate the address of an 'Aaple Sarkar' Se...
Navi Mumbai, September 12, 2026: Public Ganesh mandals and organisers of religious festivals will have to use prepaid smart meters for temporary electricity connections from this year, with the Maharashtra State Electricity Distribution Company Limited (MSEDCL) making advance pay...
Rohit Gavit, son of MLA Rajendra Gavit, was arrested and remanded in police custody for four days. The number of accused in the hospital attack case has now increased to twenty-two. Police have arrested fourteen people so far in connection with the incident. The Bombay High Court...
New Delhi, September 12, 2026: The Congress on Saturday welcomed BRICS’s growing influence but urged Prime Minister Narendra Modi to use India’s chairmanship of the grouping to restore the country’s diplomatic space and stature among Global South nations. It said declarations of ...
Pimpri-Chinchwad: A Punjab-registered Porsche Panamera has come under the scanner of the Pimpri-Chinchwad traffic police in Pune for an improper number plate and black film on its windows. Police said the luxury car was frequently seen in Pimpri-Chinchwad and Pune and had also dr...
New Delhi: India’s BRICS Presidency in 2026 is helping reshape its relationship with Gulf countries, taking a partnership traditionally centred on oil towards technology, investment, clean energy and food security, according to a report. Sharing my concluding remarks during the B...
Patna: Bihar Chief Minister Samrat Choudhary on Friday welcomed a proposal from the Swiss National Science Foundation (SNSF) and the Indian Council of Social Science Research (ICSSR) to promote social sciences research in the state. माननीय मुख्यमंत्री श्री सम्राट चौधरी जी से आज ल...
