The move was paid for by the Bank of India, who had purchased the Bishopsgate site to build offices.
He wrote more than 20 books, was president of the Bank of India, and received guests daily in his home in Mumbai until shortly before his death.
His father, Sir Sassoon David, 1st Baronet, was an important businessman in Bombay (now Mumbai), and a banker, being a founder of the Bank of India.
Krishnamurthy started his career as a probationary officer at the Bank of India (prior to nationalization) at the age of 19.
Varadarajan was working with the Bank of India when he got an offer as a news reader for Indian's national television channel Doordarshan.
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BoB (20%), Bank of India (20%), Central Bank of India (20%) and ZIMCO (Zambian government; 40%) established Indo-Zambia Bank in Lusaka.
In the first decade of the 21st century, Latur has seen a spurt in financial activities, with almost all public sector and private banks have opened up branches including the State Bank of India, State Bank of Hyderabad, Axis Bank,Latur Urban Co-op Bank, Latur ICICI Bank, Bank of India, HDFC Bank, IDBI Bank, Bank of Maharashtra, Bank of Baroda, Oriental Bank of Commerce, Allahabad Bank uco bank etc.
Duvvuri Subbarao, Current governor of the Reserve Bank Of India, was born and studied primary schooling at Eluru
The list of alumni of the DSSC at Wellington reads like a Who's Who of the armed forces and includes Field Marshal Sam Manekshaw, former Fijian strongman Sitiveni Rabuka, Nigerian President Olusegun Obasanjo, head of German special forces Hans-Christoph Ammon, Naval Commander Dhananjay Joshi and former governor of the Reserve Bank of India R.N.Malhotra.