According to a Mint report, S R Bansal has taken over as chairman and managing director of Mangalore-based Corporation Bank.

Prior to this he was executive director in Punjab National Bank where he was responsible for large field operations and many other key areas, Corporation Bank said in a statement.

Bansal, who has experience of more than 32 years, had joined Dena Bank 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, says Mint.

Read the complete report here