New Chief Executives of IDBI Bank and Indian Bank

The Centre has swapped the Chief Executive Officers (CEOs) of state-owned Indian Bank and IDBI Bank.

Mahesh Kumar Jain, who was Managing Director & CEO at Indian Bank, has been appointed as Managing Director & CEO of IDBI Bank.Jain was named Indian Bank chief in November 2015.

Kishore Piraji Kharat, who was appointed as IDBI Bank CEO in August 2015, has now been appointed as Managing Director and CEO of Indian Bank.