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Managing Director

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Banking, Fintech & Insurance 14 Nov 2026, 05:00 PM IST

Indian Bank Targets Rs 100 Crore in EV Charging Loans by FY27

Indian Bank has set a lending target of Rs 100 crore for electric vehicle charging infrastructure in FY27 as it rolls out IND Green Charge, a financing scheme aimed at public, captive and fleet charging stations. The initiative is designed to expand access to credit for EV infrastructure developers while supporting entrepreneurship and Indiaโ€™s broader shift toward sustainable mobility.

By RDU Global Wire5 min read
National Governance & Policy29 Oct 2026, 02:00 PM IST

Former Financial Services Secretary Nagaraju Maddirala Appointed IL&FS Chairman and Managing Director for Two Years

Nagaraju Maddirala, the former financial services secretary, has been appointed Chairman and Managing Director of Infrastructure Leasing & Financial Services Ltd. for a two-year term, according to a Ministry of Corporate Affairs order dated October 12. His appointment comes as IL&FS continues to operate under a government-appointed board after its well-documented financial collapse and restructuring efforts.

5 min readRead โ†’
National Governance & Policy26 Oct 2026, 08:00 AM IST

Former Financial Services Secretary Nagaraju Maddirala Appointed IL&FS Chairman and Managing Director for Two Years

Nagaraju Maddirala, the former financial services secretary, has been appointed Chairman and Managing Director of Infrastructure Leasing & Financial Services Ltd. for a two-year term, marking a significant leadership change at the debt-laden infrastructure financier. The Ministry of Corporate Affairs confirmed the appointment on October 12, following the tenure of Nand Kishore, as IL&FS continues to operate under a government-appointed board after its financial collapse.

5 min readRead โ†’
Banking, Fintech & Insurance14 Oct 2026, 08:28 PM IST

HDFC Bank Names ICICI Veteran Anup Bagchi as Managing Director and CEO

HDFC Bank has appointed Anup Bagchi as its new Managing Director and Chief Executive Officer, with the transition set to take effect on October 27. Bagchi, a long-serving ICICI Bank executive with experience across banking, insurance and financial services, will succeed Sashidhar Jagdishan as the lender enters a crucial phase of leadership continuity and strategic execution.

5 min readRead โ†’
Banking, Fintech & Insurance14 Oct 2026, 01:46 PM IST

Kotak Mahindra Bank Names Anup Kumar Saha as Managing Director and CEO from January 2027

Kotak Mahindra Bank has appointed Executive Director Anup Kumar Saha as its next Managing Director and Chief Executive Officer for a three-year term beginning January 1, 2027. The move signals continuity at one of Indiaโ€™s leading private-sector lenders, with the bank elevating a long-serving executive who brings more than three decades of financial services experience.

5 min readRead โ†’
National Governance & Policy14 Oct 2026, 11:41 AM IST

Former Financial Services Secretary Nagaraju Maddirala Named IL&FS Chairman and Managing Director for Two Years

Nagaraju Maddirala, the former financial services secretary, has been appointed Chairman and Managing Director of Infrastructure Leasing & Financial Services Ltd. for a two-year term, with the Ministry of Corporate Affairs confirming the move on October 12. His appointment comes as IL&FS continues to operate under a government-appointed board following the groupโ€™s earlier financial collapse and restructuring.

5 min readRead โ†’
Startups & Venture Capital14 Oct 2026, 07:33 AM IST

Nazara Recasts Top Deck as Founder Nitish Mittersain Steps Down as Managing Director, Sacheti Takes Executive Role

Nazara Technologies has announced a significant leadership reshuffle, with founder Nitish Mittersain stepping down as managing director while continuing to play a strategic role in the company. The move brings CaratLane co-founder and investor-backed entrepreneur Mithun Sacheti into an executive position, signaling a fresh operating phase for the listed gaming company as it balances growth, governance and succession.

5 min readRead โ†’
Banking, Fintech & Insurance14 Oct 2026, 03:26 AM IST

Kotak Mahindra Bank Names Anup Kumar Saha as Managing Director and CEO

Kotak Mahindra Bank has appointed Anup Kumar Saha as its new Managing Director and Chief Executive Officer for a three-year term beginning January 1, 2027. Saha, currently an Executive Director at the lender, brings more than 32 years of experience in financial services and has already held multiple responsibilities within the bank since joining in January 2026.

5 min readRead โ†’
National Governance & Policy14 Oct 2026, 12:20 AM IST

Former Financial Services Secretary Nagaraju Maddirala Named IL&FS Chairman and Managing Director for Two Years

Nagaraju Maddirala, the former financial services secretary, has been appointed Chairman and Managing Director of IL&FS for a two-year term, the Ministry of Corporate Affairs confirmed on October 12. His appointment comes as the infrastructure financier remains under government oversight following its earlier debt crisis and restructuring process.

5 min readRead โ†’

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