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
  • China achieves a global milestone by completing the world’s first thorium-to-uranium fuel conversion in a molten salt reactor, advancing clean and safe nuclear energy innovation.

    Read More....
  • Shri Vishvajit Sahay, a 1990-batch IDAS officer, takes charge as the Controller General of Defence Accounts (CGDA).

    Read More....
  • India achieves a major milestone as Chhattisgarh sends its first export of Fortified Rice Kernel to Costa Rica, boosting global nutrition goals.

    Read More....
  • India’s top IITs slip in QS Asia Rankings 2026, while China and Singapore strengthen their dominance with higher research and global engagement.

    Read More....
  • Zohran Mamdani creates history by becoming New York City’s first Muslim and youngest mayor in a century, symbolizing a new era of inclusive American politics.

    Read More....
  • World Tsunami Awareness Day is observed every year on November 5 to promote preparedness and safety against tsunami disasters.

    Read More....
  • OpenAI launches IndQA, its first India-focused benchmark to evaluate AI’s understanding of Indian languages and cultural contexts.

    Read More....
  • India and Bahrain strengthen defence, trade, and strategic cooperation through the 5th High Joint Commission meeting in New Delhi.

    Read More....
  • OECD’s International Migration Outlook 2025 names India as the top source of skilled migrants, highlighting the need for better integration and inclusion policies.

    Read More....
  • India and the UK launched a joint Science & Technology Partnership Dashboard to track 143 bilateral projects and boost innovation collaboration.

    Read More....