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S R Bansal takes over as chairman of Corporation Bank

NEW DELHI: S R Bansal has taken over as Chairman and Managing Director of Mangalore-based Corporation Bank. 

Prior to assuming the position, he was executive director in 
Punjab National BankBSE 0.03 % and was responsible for large field operations and many other key areas,Corporation BankBSE 1.62 % said in a statement. 

Bansal, who has experience of more than 32 years, had joined 
Dena BankBSE 1.33 % in 1981. On deputation from Dena Bank, he had been to India Infrastructure Finance Company Ltd, where he set up the credit functions including project appraisal, sanction of loans, monitoring of loans and credit risk management.