Friday, May 23, 2014

IDFC seeks RBI nod for Rajiv Lall as chief of its proposed bank

.........."Rajiv Lall's name has been proposed for the post of MD & CEO of the bank. The business plans for each business group are being worked out,'' the banker said on condition of anonymity. "The consumer banking unit at the banking entity would be headed by Naval Bir Kumar.'' This team is planning to begin its consumer banking foray by launching home loan products. However, the strategy is still being deliberated and a business decision is yet to be taken.'' 

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