Brands
Modi’s Women’s Day initiative to move women from ‘other half’ to ‘significant half’ zone
DELHI: Indian Prime Minister Narendra Modi is one of the most popular politicians on social media globally. Therefore, when he posted an update of his plans to quit social media on coming Sunday, netizens went crazy. In no time, #NoSir started trending on Twitter, and many followers and politicians decided to follow his footsteps as well.
However, Modi fans heaved a sigh of relief today, when the prime minister cleared the air around his cryptic social media post. Almost after 24-hours of his previous announcement, Modi shared that he will be handing over his social media accounts to women who inspire, like some Twitter users had predicted.
He also called for entries from netizens to take the opportunity of handling his very famous social media presence for a day.
This Women's Day, I will give away my social media accounts to women whose life & work inspire us. This will help them ignite motivation in millions.
Are you such a woman or do you know such inspiring women? Share such stories using #SheInspiresUs. pic.twitter.com/CnuvmFAKEu
— Narendra Modi (@narendramodi) March 3, 2020
Modi’s #SheInspiresUs campaign is being seen as a smart and welcome move by industry insiders. Harish Bijoor Consults Inc founder Harish Bijoor quipped, “All I can say is nice googly Prime Minister Ji!”
The decision is being seen as a smart move to further augment the wide popularity he enjoys on digital platforms. The industry insiders also believe that it will lead to more women getting inspired to join politics.
Mirum India ECD Naila Patel said, “This move is significant on multiple levels. One, Indian women are emerging as game changers on the political scene and the validation is coming from the highest source possible. Also it clearly moves a woman from ‘the other half to the significant half’ zone. As a branding activity it will ensure extremely positive PR for a party whose leading spokespersons have been clearly and domineeringly male!”
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.
