Brands
Cold, cashmere who? Dollar turns up the heat with a sharper winter layer
MUMBAI: As winter tightens its grip across India, Dollar Industries Limited is making sure staying warm does not mean dressing dull. The innerwear major has rolled out its latest Winter Collection, combining everyday practicality with a cleaner, more tailored look through its Dollar Thermals and Dollar Ultra Premium Thermals.
Designed for consumers who want warmth without the waddling effect, the new range focuses on fit as much as function. The thermals come with 0 percent shrinkage, ensuring the silhouette stays intact long after repeated washes. Crafted from premium fleece fabrics, the collection promises consistent insulation and day-long comfort, while keeping the profile sleek enough to sit neatly under winter layers.
At the top end sits the Dollar Ultra Premium Thermals, made using 100 percent Super Comb Siro Clean Cotton Yarn. The emphasis here is on softness, durability and reliable heat retention. Specialised processing ensures minimal shrinkage and a longer life cycle, positioning the range as a season-long staple rather than a short-term fix.
According to Dollar Industries Limited managing director Vinod Kumar Gupta the collection is a response to how winterwear expectations are changing. “Consumers want warmth without compromising on style. Our winter portfolio reflects that shift, offering products that work across different climates while maintaining comfort and aesthetics,” he said.
The collection also leans into variety. With classic U-cuts, sharper V-necks and snug high-neck designs, the line-up caters to different layering needs and personal styles. Importantly, it spans men’s, women’s and kids’ ranges, turning thermals into a family affair rather than an afterthought purchase.
Price points are kept deliberately accessible. Dollar Thermals are priced between Rs 350 and Rs 500, while the Ultra Premium range sits slightly higher at Rs 450 to Rs 600. The products are available across select retail outlets nationwide, the brand’s official e-commerce store and major online marketplaces.
As winterwear becomes less about hiding under bulk and more about smart layering, Dollar’s latest drop signals a clear intent: to stay warm, look sharp and keep things comfortably within budget.
Brands
YES Bank hands the keys to SBI veteran Vinay Tonse as it bets on a new era
Former SBI managing director appointed as YES Bank’s new MD and CEO
MUMBAI: YES Bank is done rebuilding. Now it wants to grow. The private sector lender has appointed Vinay Muralidhar Tonse as managing director and chief executive officer-designate, with RBI approval secured and a start date of April 6, 2026 confirmed. The three-year term signals the bank’s intent to shift gears from crisis recovery to full-throttle expansion.
Tonse, 60, is no stranger to scale. Most recently managing director at State Bank of India, he oversaw a retail book of roughly $800bn in deposits and advances, one of the largest in the country. Before that, he ran SBI Mutual Fund from August 2020 to December 2022, a stint that saw assets under management surge from Rs 4.32 lakh crore to Rs 7.32 lakh crore across market cycles. Add stints in Singapore and four years leading SBI’s overseas operations in Osaka, and the incoming chief arrives with a genuinely global CV.
His academic grounding is equally solid: a commerce degree from St Joseph’s College of Commerce, Bengaluru, and a master’s in commerce from Bangalore University.
The appointment follows an extensive search and evaluation process by the bank’s Nomination and Remuneration Committee. NRC chairperson Nandita Gurjar said the committee unanimously backed Tonse, citing his leadership track record, governance credentials and ability to drive the bank’s next phase of transformation.
Non-executive chairman Rama Subramaniam Gandhi was unequivocal. “I am certain that Vinay Tonse, with his vast experience as a senior banker, will propel YES Bank to its next phase of growth,” Gandhi said, adding that the bank remains focused on strengthening its retail and corporate banking franchises and expanding its branch network.
Rajeev Kannan, non-executive director and senior executive at Sumitomo Mitsui Banking Corporation, the bank’s largest shareholder, said Tonse’s experience across retail, corporate banking, global markets and asset management positioned him well to lead the lender. SMBC said it looks forward to working with Tonse and the board as YES Bank pursues its ambition of becoming a top-tier private sector lender anchored in strong governance and sustainable growth.
Tonse succeeds Prashant Kumar, who took the helm in March 2020 when YES Bank was in freefall following a severe financial crisis, and spent six years painstakingly stabilising the institution, rebuilding governance and restoring operational scale. Gandhi was generous: “The bank remains indebted to Prashant Kumar, who is responsible for much of what a strong financial powerhouse YES Bank is today.”
Tonse, for his part, struck a purposeful note. “Together with the board and my colleagues, I remain deeply committed to creating long-term value for all our stakeholders,” he said, pledging to build on Kumar’s foundation guided by his personal motto: Make A Difference.
Beyond the balance sheet, Tonse played cricket at college and club level and represented Karnataka in archery at the national championships — sports he credits with teaching him teamwork, situational leadership, discipline and focus. In quieter moments, he reaches for retro Kannada music, classic Hindi songs, and the crooning of Engelbert Humperdinck, Mukesh and Kishore Kumar.
YES Bank has its steady-handed rebuilder in Kumar to thank for survival. Now it has a scale-obsessed growth banker at the wheel. The next chapter starts April 6.
