Kalyan Kumar, the Managing Director and Chief Executive Officer of Central Bank of India, recently visited Hyderabad on October 29 and 30. This was his first visit to the city since assuming office on September 30. During his trip, Kumar participated in a Corporate Customer Meet organized by the Hyderabad Zone, where he was joined by senior officials, including Zonal Head Dharasing Naik and General Managers Vasti Venkatesh and Sanju Manglurkar.
The event attracted significant attention from prominent corporates and export industry representatives, who engaged in discussions with Kumar and the other officials. Kumar emphasized the bank’s renewed focus on corporate lending as a key driver of sustained growth and stable income. He met with clients from various sectors, including NBFC, manufacturing, EPC, infrastructure, realty, pharmaceutical, and agri sectors, to understand their financial requirements and explore opportunities for enhanced collaboration.
Kumar assured the clients that the bank would provide timely support for working capital and project funding, encouraging the Hyderabad Zonal Office to strengthen existing relationships and forge new ones. He highlighted the region’s strong business potential and expressed confidence in achieving significant growth in corporate advances in the coming quarters. This, he believes, will contribute to the bank’s commitment to India’s economic progress and overall business expansion across retail, agriculture, and MSME segments.
The visit marked an important milestone in Kumar’s tenure as CEO, as he seeks to drive growth and strengthen the bank’s position in the corporate lending space. By engaging with clients and understanding their needs, Kumar aims to leverage the bank’s capabilities to support the growth of businesses in the region and contribute to the country’s economic development. Overall, the visit was seen as a positive step towards reinforcing the bank’s commitment to its customers and the broader economy.