Sasikumar takes over as MD of State Bank of Travancore

Posted on:03 Jun 2016 18:20:31
Sasikumar takes over as MD of State Bank of Travancore
03 June 2016 Current Affairs: CR Sasikumar has taken over as Managing Director of State Bank of Travancore (SBT), one of the associate banks of State Bank of India (SBI).

Sasikumar started his career as a probationary officer with SBI in 1978 and has since held several key assignments.

Prior to the present posting in SBT, he was Deputy Managing Director, Inspection & Management Audit, at SBI Corporate Centre in Hyderabad.

The management of non-performing assets (NPAs) and achieving a growth of ₹12,000 crore in advances and ₹16,000 crore in deposits, which the bank has set as its policy objective for 2016-17.

 

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