Former SBI Chief Rajnish Kumar appointed Chairman of Mastercard India

Former SBI Chief Rajnish Kumar appointed Chairman of Mastercard India

Daily Current Affairs   /   Former SBI Chief Rajnish Kumar appointed Chairman of Mastercard India

Change Language English Hindi

Category : Appointment/Resignation Published on: September 20 2023

Share on facebook
  • Leading credit card company Mastercard has appointed Rajnish Kumar, former Chairman of the State Bank of India (SBI), as the Chairman of Mastercard India.
  • Kumar brings nearly 4 decades of experience in India’s largest bank to his new role at Mastercard.
  • Mastercard aims to expand its domestic footprint and forge strategic partnerships across the payments ecosystem.
  • The US-based card company has faced a regulatory curb by the Reserve Bank of India (RBI), which barred Mastercard in 2021 from issuing debit and credit cards to new domestic customers over compliance issues regarding storage of payment system data. The ban was lifted in June 2022.
Recent Post's
  • US President Donald Trump announced a new ‘Trump-class’ of heavily armed warships to modernise and expand the US Navy amid concerns over China’s growing naval power.

    Read More....
  • Advocate Shubham Awasthi was honoured with the 40 Under 40 Lawyer Award 2025 for his professional excellence and humanitarian contributions.

    Read More....
  • Oman has introduced its first polymer one-rial banknote, issued by the Central Bank of Oman, to enhance currency durability and security.

    Read More....
  • The NSSH Scheme of the MSME Ministry promotes SC/ST entrepreneurship by providing capacity building, market access and support for mandatory 4% public procurement.

    Read More....
  • Kisan Diwas is celebrated on 23 December every year to honour farmers’ contributions and mark the birth anniversary of Chaudhary Charan Singh.

    Read More....
  • India has excluded the dairy sector from its free trade agreement with New Zealand to protect small domestic dairy farmers.

    Read More....
  • India handed over three Quick Impact Projects (QIPs) to Myanmar’s Mandalay Region to boost vocational education, women’s training, and clean energy initiatives.

    Read More....
  • Supreme Court defines Aravalli Hills uniformly, emphasizing ecological and geological conservation across Gujarat, Rajasthan, Haryana, and Delhi.

    Read More....
  • JNCASR researchers discover the exocyst protein complex, a key regulator of cellular autophagy, with implications for neurodegenerative diseases and cancer.

    Read More....
  • India exported 3 metric tonnes of GI-tagged Indi Lime from Karnataka to Oman, enhancing global market access under the India-Oman CEPA/FTA.

    Read More....