Wednesday, October 1, 2025
spot_img

Unity Bank appoints Inderjit Camotra as MD & CEO

spot_img
- Advertisement -

Unity Small Finance Bank Limited (Unity Bank), a new age, digital-first bank, has appointed Inderjit Camotra, as its Managing Director & Chief Executive Officer.

Unity Bank was recently elevated to a ‘Scheduled Bank’ and included in the Second Schedule of the RBI Act. In January 2022, the Bank appointed Mr. Vinod Rai, former CAG of India as its Chairman.

Inderjit’s appointment has been approved by the Reserve Bank of India (RBI) and Unity Bank’s Board.

Commenting on the appointment, Jaspal Bindra, Executive Chairman, Centrum Group said, “Inderjit’s vast experience across many roles in banking, will add significant value in building the foundation and shaping the long-term strategy at Unity Bank.”

“The Banking business is highly competitive and dynamic and I am confident that with his leadership and proven track record, the Bank will achieve significant growth”, Jaspal Bindra added.

Expressing his excitement about the role, Inderjit Camotra, MD & CEO, Unity Bank said, “Starting a Bank from scratch is an exciting and challenging task.”

“I look forward to working closely with Unity’s highly experienced board, strong management team, and employees to scale it to greater heights”, Inderjit Camotra said.

Inderjit Camotra further added, “Our near-term objective is to roll out our digital banking proposition, which will seamlessly compliment our branch network and leverage technology to provide reach, convenience, easy access, along with a superior customer experience.”

Inderjit is a Senior Banker with over 25 years of experience across India in leadership positions at Standard Chartered Bank, ANZ, and Citibank. He was earlier Executive Director with Centrum Financial Services Ltd. (Promoter Entity of Unity Bank) and has played a key role in transitioning the Company into a Bank.

Inderjit graduated from I.I.T. Delhi and pursued his MBA from Clarkson University in New York. A Gold Medalist (Nagaland Education Board)

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

KPMG in India is inviting applications for over 1100 roles; Apply!

KPMG India, one of India’s leading professional services firms...

TCS employees to get 6-8% salary hike this year

India’s largest IT services provider company, Tata Consultancy Services...

What if…? Work-life balance is effectively managed

Work-life balance is a critical factor that significantly influences...

Usha Financial on-boards Nupur Gupta as Non-Executive Director

Usha Financial an emerging Finance service company in India...

Morgan Stanley announces appointment of Ted Pick as CEO

The Board of Directors of Morgan Stanley announced that...

Casagrand Rewards 1,000 Employees with Trip to Barcelona

In a remarkable gesture that exemplifies its deep-rooted commitment...

Tata Chemicals celebrates National Wildlife Week

As India celebrated National Wildlife Week, intending to raise...

Intas Pharmaceuticals President – Global HR Ajay Bhatt Retires

Ajay Bhatt, a distinguished leader in healthcare human resources,...

Related Articles

Sheenu Pradhan
Sheenu Pradhanhttps://sightsinplus.com/
Sheenu Pradhan, Editor Content, SightsIn Plus. She has over 8 years of experience in human resources. Prior to this, she has been associated with Wictor Chemicals India, Wipro, and Shakti Plas Industry.