Purwar new chairman of India Infoline Investment Services

A K Purwar, former chairman of the State Bank of India has been appointed as the chairman of India Infoline Investment Services, the NBFC arm and a material subsidiary of India Infoline.

‘Mr Purwar has successfully led the State Bank of India, country’s largest financial institution. We look forward to benefitting from his rich and in-depth experience of Indian economy and finance in scaling up the lending business of the Group,’ said India Infoline Chairman Nirmal Jain.