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Corporation Bank Mangalore has new CMD in SR Bansal



Updated On - Thursday, 31 October 2013

5 October 2013

MANGALORE: SR Bansal has taken charge as chairman and managing director of Corporation Bank Mangalore on Saturday. Prior to taking over as chairman and managing director of city-based Corporation Bank, he was executive director of Punjab National Bank. Bansal a postgraduate in English, is a certified associate of Indian Institute of Bankers and an Associate of Indian Institute of Banking and Finance (AIIBF).

A seasoned banker with over 32 years of experience in various administrative and functional capacities at branches, regional offices, zonal offices and also at the head office level, he started his banking career as a direct officer recruit at Dena Bank in 1981 and went on to hold the office of the field general manager (North India) covering eight states. He was appointed as executive director of Punjab National Bank in June 2012.

Bansal has held various important positions during the course of his career in view of his expertise in credit and project appraisal across all segments, including retail, agriculture, SME, large corporate and infrastructure finance. He was director of PNB Gilts Ltd. A member of Indian Banks' Association committee for evolving a framework for monitoring of infrastructure projects, he is also a member in IBA's standing committee on retail banking.

On deputation from Dena Bank, he had been to India Infrastructure Finance Company Ltd where he set up credit functions including project appraisal/due diligence, sanction of loans, monitoring of loans and credit risk management. He led and was part of teams that executed several marquee projects like MoU with JBIC in Tokyo, Japan for financing the Delhi-Mumbai industrial corridor and negotiations with multilateral and bilateral institutions.

Published by: The Times Of  India

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