India Infoline Ltd has informed BSE regarding a Press Release dated November 09, 2009 titled "Mr. A. K. Purwar appointed as Chairman of India Infoline Investment Services Ltd."
Press Release:
"Mr. A. K. Purwar, former Chairman of the State Bank of India has been appointed as the Chairman of India Infoline Investment Services Ltd., the NBFC arm and a material subsidiary of the Company. Speaking at the occasion, Mr. Nirmal Jain, Chairman, India Infoline Ltd said, Mr Purwar has successfully led the State Bank of India, countrys largest financial institution. We look forward to benefiting from his rich and in-depth experience of Indian economy and finance in scaling up the lending business of the Group."
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