Digital
Online gaming in India is among the world’s most vibrant, says MoS I&B Dr L Murugan at Storyboard18 DES 2025
Federal Bank shortlists three candidates for CEO position; includes Kotak Mahindra Bank’s Manian KVS
In January, RBI had turned down the proposal from Federal Bank that sought an extension of Shyam Srinivasan, its MD and CEO for one year.
According to the norms put down by RBI, a CEO is allowed to continue functioning in a bank for 15 years, in case the person is not the promoter.
Federal Bank has shortlisted Manian KVS, whole time director - corporate, institutional & investment banking & wealth management at Kotak Mahindra Bank for the role of chief marketing officer.
The bank also shortlisted two internal candidates for the position of managing director and CEO.
Federal Bank will proceed to submit the names of the three candidates to the Reserve Bank of India (RBI) for approval, as reported by CNBC-TV18.
In January, RBI had turned down the proposal from Federal Bank that sought an extension of Shyam Srinivasan, its MD and CEO for one year. According to the norms put down by RBI, a CEO is allowed to continue functioning in a bank for 15 years, in case the person is not the promoter. Srinivasan’s term will expire on September 22, 2024.
SPOTLIGHT
The Storyboard18 Digital Entertainment Summit (DES) unpacked India's strategy for leading the digital entertainment economy, with top policymakers where they putlined how talent, technology, and governance would fuel future-ready growth.
Read MoreIn Photos: At DES 2025, India charts ambitious course for digital entertainment leadership
At the Storyboard18 Digital Entertainment Summit in New Delhi, policymakers and industry leaders outlined how talent, technology, and governance will drive India’s push to dominate the global entertainment economy.