Sonali Singh appointed as new interim Compliance Officer.
In March of last year, Axis Bank announced an all-cash acquisition of Citibank India's retail business for Rs12,325 crore.
SBI will use the amount for further lending to ESG projects.
Six global banks, including HSBC, JPMorgan, Citibank, and Standard Chartered Bank, have been mandated by HDFC Bank.
The deal will see credit card portfolio of 25 lakh users, deposits of Rs 50,200 crore and wealth management assets worth Rs 1.1 for Axis Bank.
It added 1,000 employees to its India workforce in 2022.
According to the statement, the fund is the country's first such dedicated platform to invest in data centres.
Such a facility if successful can enable digital payments in areas with no or poor internet connectivity.
Sonata Finance, boasting assets worth Rs1,903 crore rupees under its management as of December 31, 2022.
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