Shri M. S. Raghavan named IDBI Bank chairman and managing director
Formerly executive director, Bank of India.
In 1976, he joined the Indian Overseas Bank as a probationary officer and held several senior positions at the bank. In a 36-year career at IOB, Shri Raghavan held important positions in credit, operations and information technology.
His contribution to the banking system, especially with regard to IT, is acclaimed by the banking fraternity.
He was a science graduate and holds a post-graduate diploma holder in Management and Financial Management.
IDBI is currently 10th largest development bank in the world in terms of reach.