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Rajnish Kumar
India,India
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Find Rajnish Kumar's PhoneWho Is Rajnish Kumar?
Rajnish Kumar is a distinguished Indian banker, best known for his tenure as the Chairman of the State Bank of India (SBI), India's largest commercial bank, from October 2017 to October 2020. With a career spanning four decades at SBI, he joined as a Probationary Officer in 1980 and rose through the ranks, holding several key positions including MD (National Banking Group) and MD (Compliance & Risk). During his leadership as Chairman, he spearheaded significant initiatives, including the launch and popularization of the YONO (You Only Need One) digital banking platform, and skillfully navigated the bank through challenging economic periods, including the IL&FS crisis and the Yes Bank resolution. Post his retirement from SBI, Mr. Kumar has taken on advisory roles and directorships in various prestigious organizations, including serving as an independent director on the boards of HSBC Asia Pacific, L&T Infotech, and as Chairman of BharatPe. He is also the author of 'The Custodian of Trust – A Banker’s Memoir', offering insights into his journey and the Indian banking sector.
How Did Rajnish Kumar's Career Path Shape Their Journey?
Rajnish Kumar's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
What Are Rajnish Kumar's Key Achievements?
Chairman of State Bank of India
Successfully led India's largest public sector bank, overseeing its vast operations, strategic direction, and navigating complex financial landscapes from October 2017 to October 2020.
Launch and Expansion of YONO Platform
Spearheaded the successful development, launch, and widespread adoption of YONO (You Only Need One), SBI's integrated digital banking platform, significantly enhancing customer experience and digital footprint.
Navigating Major Financial Crises
Played a crucial role in managing the bank's response and stability during significant financial events, including the IL&FS crisis and the resolution plan for Yes Bank.
Effective NPA Management
Implemented strategies for the management and resolution of Non-Performing Assets (NPAs) for SBI, contributing to the strengthening of the bank's balance sheet during a critical period for the Indian banking sector.
Post-Retirement Board Appointments
Appointed to significant board and advisory positions in major national and international corporations like HSBC Asia Pacific, L&T Infotech, and as Chairman of BharatPe, underscoring his continued influence and expertise in finance and governance.
Author of 'The Custodian of Trust'
Authored the insightful memoir 'The Custodian of Trust – A Banker’s Memoir', sharing his extensive experiences and perspectives on the Indian banking industry.
What's Rajnish Kumar's Educational Background?
B. Tech, Computer Science & Engineering
Indian Institute of Technology, Kanpur - Year 1997
Intern, Data Modeling/Warehousing and Database Administration
ETH Zürich - Year 2000
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Company Overview
ixigoixigo (Le Travenues Technology Ltd.) is an Indian AI-based online travel portal that empowers travelers to search, compare, and book flights, trains, buses, and hotels. It aggregates information from various travel suppliers, offering users a comprehensive platform to plan their journeys efficiently and find the best deals. ixigo aims to simplify travel planning through intelligent recommendations and a user-friendly interface.
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