Banking on People
▶ , there were rumours that Indian Bank would be the frontrunner for a merger with a larger public sector bank. Padmaja Chunduru, Indian Bank’s new MD and CEO, wanted the bank to be the anchor bank rather than a target bank. In fact, the merger was not on the table when she began her CEO journey in September 2018. This veteran with nearly four decades of banking expertise was hand-picked by the government from the country’s largest bank, the State Bank of India (SBI), to lead
