City
Epaper

ICICI Bank's cards and payments head Bijith Bhaskar quits

By IANS | Updated: May 10, 2024 19:35 IST

New Delhi, May 10 ICICI Bank on Friday said that Bijith Bhaskar, who heads the cards, digital payments, ...

Open in App

New Delhi, May 10 ICICI Bank on Friday said that Bijith Bhaskar, who heads the cards, digital payments, prepaid solutions, consumer finance, and e-commerce and merchant ecosystems at the company, has resigned, effective from May 18.

In an exchange filing, the ICICI Bank said Bhaskar was part of the senior management personnel group and his resignation has been accepted.

In his resignation letter, Bhaskar said that his decision was "based purely on personal reasons to pursue opportunities outside the bank".

Bhaskar has been with the bank for 21 years.

The country's second-largest private sector lender clocked a 17.38 per cent increase in net profit to Rs 10,707 crore for the fourth quarter (Q4) of the last financial year. ICICI Bank registered an 8 per cent increase in net interest income (NII) at Rs 19,093 crore for the quarter.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalBengal: Businessman held for Rs 450 crore GST fraud case

NationalGovt will ensure exemplary punishment for Delhi blast accused: HM Amit Shah

NationalAIU suspends Al-Falah University's membership following terror probe links

TechnologyLG Electronics India's Q2 profit falls 27 pc to Rs 389 crore

BusinessLG Electronics India's Q2 profit falls 27 pc to Rs 389 crore

Business Realted Stories

BusinessTata Motors Limited reports Rs 867 crore loss for Q2 FY26

BusinessKABIL steps up overseas exploration, begins lithium project in Argentina: CEO

Business'Govt’s new Bill has potential to get better deal for Indians working overseas'

BusinessIIM Calcutta Opens Admissions for Fifth Executive Programme in Healthcare Management to Build Next-Gen Healthcare Leaders

BusinessOccasionz 360 by Manish Sharma: Building the Business Behind Fame