BL:July 6,2013
M.S. Raghavan has taken charge as the Chairman and Managing Director of IDBI Bank.
Prior to this, he was the Executive Director of Bank of India. Raghavan will be at the helm of IDBI Bank up to end-June 2015.
The top position at the bank was vacant since May-end due to superannuation of R.M. Malla.
As at March 2013, IDBI Bank had deposits and advances amounting to Rs 2,27,116 crore and Rs 1,96,306 crore, respectively.
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