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Indbank Merchant Banking Services names president

Indian Bank unit Indbank Merchant Banking Services Ltd. appointed P.L.V.K. Sesha Sai president and whole-time director.

The appointment is effective Aug. 6, the company said the same day. Sai is an assistant general manager at Indian Bank.

The appointment came after A.K. Bajpai resigned as president and director of Indbank Merchant Banking Services on June 30.