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RBI clears appointment of Partha Pratim Sengupta as MD and CEO of Bandhan Bank

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RBI clears appointment of Partha Pratim Sengupta as MD and CEO of Bandhan Bank

- Partha Pratim Sengupta has been approved by the RBI as the new MD and CEO of Bandhan Bank for a three-year period. - Sengupta's tenure starts from a date no later than November 10, 2024, according to Bandhan Bank's regulatory filing. - He will replace Founder MD and CEO Chandra Sekhar Ghosh, who stepped down on July 9. - Sengupta retired as the MD and CEO of Indian Overseas Bank and has over four decades of experience in both retail and corporate banking. - He was groomed at State Bank of India, where he held the role of Deputy Managing Director and Chief Credit Officer. - Bandhan Bank was launched in 2015 as the first microfinance institution to become a universal bank in the Eastern region.

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