IMC Chamber of Commerce and Industry appoints new banking committee members

Mumbai-based IMC Chamber of Commerce and Industry has appointed new members of the banking and finance committee under the stewardship of Arijit Basu, one of the managing directors at the State Bank of India.
The committee, aimed at addressing current problems included other bigwigs like Zarine Daruwala CEO Standard Chartered Bank, Amitabh Chaudhry, CEO Axis Bank, NS Kannan of ICICI Prudential Life Insurance and PD Singh, managing director at JP Morgan Chase Bank India. Basu is the chairman of the committee.

“The new members took charge on Monday as they will meet frequently to assess the current issues of the banking industry,” said a senior executive, who is involved in the exercise.

IMC could not be contacted immediately for comments.

Rajiv Sabharwal CEO Tata Capital and Shinjini Kumar, CEO Citibank Retail are two other members stepping in.

The industry body has been working on various projects amid the pandemic.

At its 112th annual general meeting held last month, Rajiv K Podar, managing director of Podar Enterprises took over as the president for the current financial year FY21.