The Reserve Bank of India (RBI) has approved the reappointment of Sandeep Bakhshi as the managing director and CEO of ICICI Bank for another three years. Bakhshi took over the role in 2018 after his predecessor resigned amid investigations into loans. Under Bakhshi’s leadership, the bank has achieved strong financial performance, reporting its highest-ever net profit and seeing an improvement in asset quality.
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RBI nod to Bakhshi as ICICI chief Sandeep Bakhshi for 3 more years
The Reserve Bank of India (RBI) has approved the reappointment of Sandeep Bakhshi as the managing director and CEO of ICICI Bank for another three years. Bakhshi took over the role in 2018 after his predecessor resigned amid investigations into loans. Under Bakhshi’s leadership, the bank has achieved strong financial performance, reporting its highest-ever net profit and seeing an improvement in asset quality.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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