
Mahesh Kumar Jain's journey to becoming the RBI Deputy Governor is a remarkable one, filled with milestones and achievements that set him apart. He took over as the Managing Director and CEO of IDBI Bank in 2013.
Mahesh Kumar Jain's tenure at IDBI Bank was marked by significant reforms and restructuring efforts. He played a crucial role in transforming the bank's operations and improving its financial health.
As the MD and CEO of IDBI Bank, Mahesh Kumar Jain oversaw the bank's merger with Bank of Baroda and the State Bank of India.
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Mahesh Kumar Jain's Career
Mahesh Kumar Jain has an experience of over 30 years in the banking sector.
He has held various leadership positions, including being the CEO and MD of IDBI Bank, and the chief of government-owned Indian Bank.
Prior to his stint with IDBI Bank, Jain turned around Indian Bank under his leadership.
Jain has been focused on cleaning up IDBI Bank's balance sheet since his move to the institution, and has taken steps to divest several non-core assets to help shore up the bank's capital.
He has served on several banking sector committees, including the Indian Banks' Association (IBA) committee on risk management.
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IDBI CEO Appointed RBI Deputy Governor
Mahesh Kumar Jain's career has taken a significant leap with his appointment as the RBI Deputy Governor.
He previously served as the Managing Director and CEO of IDBI Bank.
Jain's experience in banking has been a key factor in his appointment to this new role.
He took over as the CEO of IDBI Bank in 2013 and played a crucial role in the bank's growth and development.
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Sources
- https://www.moneycontrol.com/news/business/economy/idbi-bank-chief-mahesh-kumar-jain-appointed-as-rbi-deputy-governor-2582147.html
- https://economictimes.indiatimes.com/news/economy/policy/govt-names-mahesh-kumar-jain-as-rbi-deputy-governor-for-3-years/videoshow/64447359.cms
- https://www.thestatesman.com/tag/mahesh-kumar-jain
- https://www.srku.edu.in/read
- https://ratings.fide.com/profile/5006716
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