Renowned Banker & Former ICICI Bank Chairman Narayanan Vaghul Passes Away
Narayanan Vaghul, the esteemed Indian banker, was the recipient of the Padma Bhushan award in 2009
According to sources familiar with the situation, Narayanan Vaghul, the esteemed Indian banker and recipient of the Padma Bhushan award in 2009, has passed away. Vaghul, who was receiving ventilator support at a hospital in Chennai, was in critical condition.
Although an official announcement is pending, sources informed a media house that Vaghul was declared deceased today at 12:38 pm.
Beginning his career at the State Bank of India, Narayanan Vaghul made history as the youngest chairman of Bank of India at the age of 44. At 88 years old, his remarkable contributions to the banking sector leave an enduring legacy.