ADVERTISEMENT

Union Bank appoints Debabrata Sarkar as new CMD

For years, a vacation for middle-class Indians meant a trip to a hill-station or a beach resort. But with rising affluence and evolving taste, there is a growing inclination to explore the "other India" and return to their roots.

Sports Car designer Ferdinand Alexander Porsche, with a Porsche 911 Carrera
Sports Car designer Ferdinand Alexander Porsche, with a Porsche 911 Carrera

Debabrata Sarkar has assumed charge as the chairman and managing director of Union Bank of India, a bank statement said on Wednesday.

Sarkar has also worked with Bank of Baroda and Allahabad Bank, where he was an executive director.

Sarkar has also served as a director on the Board of Central Securities Depository Ltd and Bank of Baroda (Botswana) Ltd.