News Karnataka
Tuesday, February 11 2025
Mangaluru

SR Bansal takes charge as Corporation Bank CMD

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Mangalore:SR Bansal is the new  Chairman & Managing Director of Corporation Bank, one of the premiere nationalized banks of the nation. He took charge  on October 5, Saturday.

Bansal was earlier serving as Executive Director of Punjab National Bank. SR Bansal has over 32 years of experience in the banking field. He is a   post graduate in English, a Certified Associate of Indian Institute of Bankers (CAIIB) and an Associate of Indian Institute of Banking & Finance (AIIBF).  He has served the Corporation Bank in various capacities.

He began 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.

He has also served  as  Director of PNB Gilts Ltd. Bansal has even served as a member of Indian Banks’ Association committee for evolving a framework for monitoring of infrastructure projects. On deputation from Dena Bank he had been to India Infrastructure Finance Company Ltd. (IIFCL) where he led and was part of teams that successfully executed several marquee projects like MoU with JBIC in Tokyo, Japan for financing the Delhi-Mumbai Industrial Corridor and negotiations with multilateral & bilateral institutions like Asian Development Bank, World Bank, Japan bank for International Cooperation (JBIC) and KFW.

Bansal is known in the industry circles for his result oriented and practical approach, team work and quick decisions. During his tenure, the Bank as well as the departments headed by him have won several prestigious awards like “The SKOCH award for Financial Inclusion’, ‘Best Bankers’ award under Agriculture Lending – Large by The Sunday Standard’ and ‘The MSME National award by Ministry of Micro, Small & Medium Enterprises, for excellent performance in PMEGP in North Zone”. He has also received accolades as a speaker at various seminars and conferences organized by FICCI, CII, Management Institutes like IIM (A) and International conferences in Singapore and Dubai.

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