Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Stock Report

| More

Tourism Finance Corporation of India Ltd appoints Mr. Anirban Chakraborty as MD & CEO

Posted On: 2019-03-25 16:51:48

The Board of Directors of Tourism Finance Corporation of India Ltd has appointed Shri Anirban Chakraborty as Additional Director and Managing Director & CEO with effect from the date of his joining viz. April 9, 2019 for a period of 3 years subject to approval of the shareholders in the forthcoming Annual General Meeting.

Mr. Chakraborty, age 48 years, was the Deputy CEO of Axis Capital in his last assignment. He built the Transformational Roadmap for Axis Capital from ECM focused Investment banking house to an advisory led Investment banking model, which comprised advisory practices such as private equity placement, Mergers & Acquisitions and Debt Capital market, which resulted in a diversified best in class Investment bank. He onboarded best in class talent and was instrumental in building best practices in the domain of sourcing, distribution, risk, underwriting, analytics, technology & human capital.

Mr. Chakraborty is a B.Tech from The University of Kolkata and has done his Post Graduate in Financial Management from University of Mumbai . Mr. Chakraborty started his career in Voltas in 1993 where he worked in diverse areas ranging from Business Development, assessing techno feasibility of projects, project implementation. He was also associated with IFCI from 1999 to 2003, where he advised corporates across sectors on assignments spanning different product offerings of financial advisory, project appraisal, due diligence, capital restructuring, loan syndication, credit monitoring. He has headed various divisions in Axis Bank from 2003 to 2015, ranging from SME, Corporate debt & capital markets, Relationship Management group, and Structured Finance.

Backed by a high asset quality portfolio, TFCI is in a comfortable spot compared to its peers. A positive ALM coupled with robust capital adequacy ratio of 40% reflects a strong balance sheet position. The company is looking forward to working on a more diversified portfolio.

Mr. Chakraborty has been entrusted with the responsibility of charting out growth strategy, de-risking its business portfolio and ensuring increasing of income/operating profit, NIM (net interest margin).

Shares of TOURISM FINANCE CORPORATION OF INDIA LTD. was last trading in BSE at Rs.116.7 as compared to the previous close of Rs. 119.05. The total number of shares traded during the day was 19100 in over 258 trades.

The stock hit an intraday high of Rs. 118.55 and intraday low of 116. The net turnover during the day was Rs. 2238419.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

Brickwork revises NCD rating of Vodafone Idea Ltd

MCX's consolidated total income up by 30% to Rs. 110.84 crore in Q1 FY 2019-20

DCB Bank announces First Quarter FY 2020 Results

5paisa Capital - Income for Q1FY20 at Rs. 2,288 Lakhs

Zensar is a Gold sponsor at the ISG Automation Summit 2019, New York

Astron Paper & Board Mill Ltd updates on shut down of plant

Manaksia Ltd appoints Mr. Bharat Begwani as CFO

NTT Com-Netmagic Partners with Tata Power to Build 50 MW Solar Power Project

Agro Tech Foods Ltd reports Q1FY20 PAT of Rs. 7.02 crore

B C Power Controls Ltd Q1 net profit at Rs. 0.86 crore

Jay Bharat Maruti Ltd consolidated Q1 net profit slides to Rs. 7.84 crore

DCB Bank Ltd Q1 FY20 PAT at Rs. 81.06 crores

5paisa Capital Limited's rights issue to open for subscription on July 23, 2019

NMDC terminates BHEL contract

5paisa Capital Ltd reports consolidated loss of Rs. 0.52 crore in Q1

MCX Q1 FY20 consolidated PAT jumps YoY to Rs. 43.70 crores

Suzlon Energy defaults on payment of outstanding bonds

KNR Constructions Ltd receives work order for Rs. 847.34 crores

Deepak Nitrite Ltd board to approve Q1 results on Aug 2, 2019

CARE revises Commercial Paper rating of KRBL Ltd

Quartz™-powered TCS BaNCS™ Network Named Best Blockchain Breakthrough of the Year

South Indian Bank Ltd board to consider Q1 results on July 25, 2019

Vikas WSP Ltd bags order from UK for organic gluten free flour

NTPC Ltd commissions 1st unit of 660 MW of Nabinagar Super Thermal Power Project

United Bank of India reduces MCLR by 5 bps

HDFC AMC reports net profit of Rs. 2917 million in Q1FY20

Suprajit Engineering Ltd board to announce Q1 results on Aug 10, 2019

Shukra Pharmaceuticals Ltd Board approves Dividend of Rs. 0.50

Ind-Ra upgrades credit rating of Prism Johnson Ltd

Zydus Wellness Ltd board to approve 1st quarter results on July 31, 2019

Federal Bank Ltd posts consolidated net profit of Rs. 374.20 crores in Q1

TV18 Broadcast Ltd consolidated Q1 PAT at Rs. 23.17 crores

Network18 Media & Investments Ltd Q1 loss at Rs. 127.66 crores

Indian Overseas Bank board to consider quarterly results on July 23, 2019

Havells India Ltd board to announce first quarter results on July 27, 2019

TCS Recognized as a Leader in Gartner's 2019 Magic Quadrant for Data center outsourcing and Hybrid Infrastructure Managed Services, Europe

Trident Limited assigned 'CRISIL AA-/Stable / CRISIL A1+' to its bank debt and CP

Wall Street Finance Ltd calls for board meeting on July 29, 2019

Swastika Investsmart Ltd board to announce first quarter results on July 25, 2019

Syndicate Bankk Ltd board to approve 1st quarter results on July 24, 2019

Maithan Alloys honoured to be amongst the 'Best Under A Billion' Company in 2019

GNFC board to consider Q1 results on Aug 8, 2019

Satia Industries Ltd to list in NSE from July 17, 2019

Mercator Ltd completes restructuring of revised terms of $16 mn FCCBs

Sandeep Sinha to leave Cummins India Limited

Smruthi Organics Ltd board to consider 1st quarter results on July 29, 2019

WABCO India Ltd board to announce Q1 results on Aug 13, 2019

Vakrangee Limited to set-up Electric Vehicle charging infrastructure across India

Adani Ports commences cash tender offer for any and all of its US$650,000,000 3.50% Senior Notes due 2020

Cummins India Ltd announces resignation of Mr. Sandeep Sinha as MD

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019