Asheesh to head Union Bank, Kalyan Kumar to lead Central Bank of India as government announces new MD appointments

Asheesh to head Union Bank, Kalyan Kumar to lead Central Bank of India as government announces new MD appointments

by | Oct 1, 2025 | Central Bank of India, Punjab National Bank, State Bank of India, Union Bank of India

The Indian government has appointed Asheesh Pandey as the Managing Director (MD) of Union Bank of India and Kalyan Kumar as the MD of Central Bank of India. These appointments were made to fill the vacancies at the top positions of these public sector banks. The...
Asheesh to head Union Bank, Kalyan Kumar to lead Central Bank of India as government announces new MD appointments

Asheesh Pandey and Kalyan Kumar have been appointed by the government as the new Managing Director of Union Bank and the head of Central Bank of India, respectively.

by | Sep 30, 2025 | Bank of Maharashtra, Central Bank of India, Oriental Bank of Commerce, Punjab National Bank, Union Bank of India

The Indian government has made two key appointments in the banking sector, naming Asheesh Pandey as the Managing Director (MD) and CEO of Union Bank of India, and Kalyan Kumar as the head of Central Bank of India. These appointments were approved by the Appointments...

India’s banking sector saw a significant surge, with loans increasing by 23.7 percent over a two-week period ending July 20, according to a report by Reuters.

by | Sep 27, 2025 | Central Bank of India, Indian Bank, RBI

According to a report by Reuters, Indian bank loans have seen a significant increase of 23.7% in just two weeks, up to July 20. This surge in lending activity is a positive indication for the Indian economy, suggesting a potential pickup in economic growth. The data,...