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Oct 6, 2012

New Executive Director for Oriental Bank of Commerce

Oriental Bank of Commerce has a new executive director in Bhupinder Nayyar. Nayyar, who was General Manager at Bank of India, assumed charge on Friday. He comes in the place of S.C.Sinha, who superannuated on July 31.

New Executive Director of Andhra Bank

 
Satish Kumar Kalra has been elevated as Executive Director of Andhra Bank from his present assignment as General Manager, Treasury Operations of Allhabad Bank. Mr. Kalra joined the banking industry in 1981 as Probationary Officer in Allahabad Bank and worked in various capacities. 

SBT campaign for MSMEs

State Bank of Travancore (SBT) has launched a special campaign for micro, small and medium enterprises (MSME) from October 1 to January 31, 2013. Those taking loans during the period will get concessions in interest rate and processing charges. MSME meets and entrepreneurial development programmes will be convened at various centres during the period. The bank is targeting a growth of Rs 4,000 Cr under the MSME segment during the year 2012-13.