StanChart India names Rajeev Chalisgaonkar as SME banking head

Mr. Chalisgaonkar was picked to manage the lender’s SME business in India, which has a client base of more than 52,000.

The Indian unit of Standard Chartered PLC has appointed Rajeev Chalisgaonkar as the head of small and medium enterprises, or SME, banking for India and South Asia, it said in a press statement Thursday.

Prior to this, Mr. Chalisgaonkar was heading the corporate banking business for Barclays in India, the release added.

Standard Chartered's SME business in India had a client base of more than 52,000 as of June, it said, in a report in The Wall Street Journal.