M. S. Sundara Rajan
- January 8, 2024
- Economist
Quick Facts
M. S. Sundara Rajan Biography
| Name | M. S. Sundara Rajan |
| Birthday | Mar 8 |
| Birth Year | 1950 |
| Home Town | Chennai |
| Birth Country | India |
| Birth Sign | Pisces |
M. S. Sundara Rajan is one of the most popular and richest Economist who was born on March 8, 1950 in Chennai, India. M. S. Sundara Rajan, Tamil: m.c.cuntrraajnnn ), was born 8 March 1950. He is an Indian bank consultant and economist. Rajan holds a Master’s degree. Rajan is a M.A. He has been a visiting professor at many institutions. His main expertise lies in capital market, project finance and investment banking. Rajan is known for being soft-spoken, polite and polite. Rajan has visited Singapore, London, Tokyo, Hong Kong, New York & Dubai on business engagements. Rajan is a passionate Caranatic Music fan and can speak five languages.
Rajan was instrumental in helping Indian Bank enter the stock exchange (Bombay Stock Exchange BSE). Rajan filed his draft in the red herring prospectus with the Securities and Exchange Board of India on December 1, 2006. This document included a proposal to join the capital market through an initial public offering of equity shares. Sundara Rajan also played a key role in the establishment of Dharavi’s first bank in the “heart” of Dharavi. There are thousands of small-scale businesses that employ migrants from India, and they send Rs 3,000-40 Billion every year to their homes in Tamil Nadu and other parts. Indian Bank will be able to provide deep benefits to its customers thanks to its strong network within Tamil Nadu. According to The Economic Times press release on 2 April 2009 Rajan was among the top 50 most powerful CEOs and among the top 20 professional CEOs in India.
Rajan and his family were featured on Indian National Television, Doordarshan under a show called “Vetrikku Pennal”. The show focused on the life of Indian Bank CMD. Rajan lives in Chennai and is a Hindu. He is married to Lalitha, who is a native of Chennai. He has two kids, Arvind and Lakshmi. Rajan is an avid music listener. He is also a sports enthusiast [1]. Rajan’s wife, Lalitha has done her Post graduate in science from Mysore University . She was previously employed with Deloitte and is currently a home-maker. In the show, Lalitha had quoted that Rajan is an extremely positive human being and likes to take on challenges. The show was aired on 14 November 2009 (8:30 PM). Due to public demand and rise of Television Rating Point, it was re-aired on 16 November 2009 (3:00 PM) and on 22 November 2009 (6:00 PM). Rajan was recently spotted on bankconsultants [2] website.
According to The Economic Times press release, Rajan was ranked 45th in the Economic Times India Inc’s most powerful CEOs list (2009). He was ranked No.2 among the CEOs of Nationalized Banks and No.6 among the CEOs of Commercial banks. During his leadership, Indian Bank received Golden peacock National Training Award for the year 2009 presented at a special awards function on 9 October 2009 at London during the 10th International conference on Corporate Governance.It was during his tenure that Indian Bank appeared first in featured in the list of Forbes 2000–2009 (1659th position). Rajan was also pivotal in setting up Dharavi’s first bank, a place that has over Rs. 1000 billion of market potential.
The Indian industry experienced significant growth in the mid 1990s. New government reforms such as liberalisation were implemented to further support these industries. The top management of Union Bank were working on a proposal for a branch that could only cater to the needs of the industry. This led to the Industrial Finance Branch. In 1994, Rajan was appointed the chief manager of the branch. The Industrial finance branch (IFB), which had 100 employees, made a significant impact on the Mumbai industrial markets by generating higher than expected revenues. Rajan was promoted once more shortly after. As the chief of the Delhi’s Industrial Finance Branch, he was transferred to New Delhi. Later, he was brought back to Mumbai as the head of the Industrial Finance Branch. He was soon promoted to the Mumbai Zonal office’s general manager. For nearly two years, he was nominated by Union Bank of India to the Board of Dewan Housing Finance Corporation Ltd.
M. S. Sundara Rajan Net Worth
| Net Worth | $5 Million |
| Source Of Income | Economist |
| House | Living in own house. |
M. S. Sundara Rajan is one of the richest Economist from India. According to our analysis, Wikipedia, Forbes & Business Insider, M. S. Sundara Rajan 's net worth $5 Million. (Last Update: December 11, 2023)
Sundara Rajan was born in Chennai, Tamil Nadu. He attended the prestigious P. S. Senior Secondary school, Chennai. He graduated from Ramakrishna Mission Vivekananda College, Mylapore,Chennai, one of Chennai’s most prestigious colleges. Rajan joined Indian Bank in the early 1970s. Soon after joining Indian Bank, Rajan joined Union Bank of India.
Rajan started his career at Union Bank of India, where he was a probationary officer before moving up to the rank of general manger. Sundara Rajan, who is known for his strong inclination to credit, is a significant contributor to the banking sector. His first post was at Coimbatore where he served as an officer for two years after joining Union Bank. He was soon promoted and moved to Nagamam, Tamil Nadu where he was the branch’s head. In a year, he was transferred from Nagamam to the Union Bank staff training college. After exposure at the field level in 1972-81, he was an almost seven year member of Faculty of Union Bank Staff Training institution at Bangalore. He was soon posted to the Zonal Office. Union Bank’s Zonal Office went through a difficult phase as they were among the first to introduce credit cards to India. Rajan, who has previous credit experience, was assigned to oversee the initial phase of issuing more than 30,000 credit cards. He was awarded a new position at Union Bank’s Zonal Office in Chennai.
Subsequently, he joined Indian Bank as executive director in April 2006 and was Director on the Boards of M/s. Indbank Merchant Banking Services Ltd., M/s IndBank Housing Ltd., and M/s Indfund Management Ltd. – all subsidiaries on Indian Bank from April 2006 to 3 June 2007. Credit appraisal is said to be one of his main fortes. Rajan assumed charge of the Indian Bank on 3 June 2007 as the chairman and managing director. Rajan was a member of the Committee on Agro Business of Indian Banks’ Association. He was Member of the Committee on Diploma in Banking & Finance and Junior Associate in Indian Institute of Banking & Finance, Mumbai (IIBF). Rajan was also a Director in United India Insurance Company Ltd and actively contributed in the board deliberations.
Height, Weight & Body Measurements
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Who is M. S. Sundara Rajan Dating?
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Facts & Trivia
M. Ranked on the list of most popular Economist. Also ranked in the elit list of famous people born in India. M. S. Sundara Rajan celebrates birthday on March 8 of every year.