MAM
Meaningful ‘music’ on RED FM; airs CRY children’s voices
MUMBAI: RED FM, the radio branch of the India Today Group has decided to bring a smile on the faces of Mumbai’s underprivileged children.
According to a press release, RED FM (93.5 FM) has added a new dimension to programming on radio by inviting Child Relief and You (CRY) to participate in their show dedicated to “Care for Mumbai’s street children”. 93.5 RED FM will have six underprivileged children on-air live from their studios in Mumbai on its weekly show Bombay Matters. RED FM has also pledged an amount of Rs 100,000 to CRY.
In the show Bombay Matters which airs every Saturday, pertinent matters are discussed: socially relevant issues such as homosexuality, physical and sexual abuse. The RED FM team has decided that it will tackle the issue of underprivilged children – a matter that is close to every Mumbai resident’s heart.
This special programme aims to provide a humane face to one of the most powerful information media.Bombay Matters will have these children in the studios along with a CRY spokesman. The children will describe their average day to Mumbai, talk about their lives, trails and tribulations.
The programme also aims to collect money from their listeners in Mumbai, which would be utilised by CRY for the betterment of these street children. Listeners would be provided by phones numbers during the program or send an SMS to 2424, following which a CRY representative will get in touch with them to collect the donations.
Radio Today COO Nishchint Chawla was quoted as saying in a release: “Mumbai is not a heartless city. Its heart cries for these under-privileged children. This programme aims to bridge the gap between these street children and the caring citizens. Not only will it provide these children a platform to air their feelings but also provide the ever-caring citizens with a channel to contribute towards their welfare. On our part we are pledging Rs 100,000/- to CRY towards these children.”
This programme is being produced by Freishia Bomanbehram and will be hosted by Natasha Borges.Bombay Matters is on 93.5 RED FM every Saturday, 8am – 12 noon.
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.
