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Srajan Tiwari steps up as senior vice president at HDFC Bank
MUMBAI: HDFC Bank has added another seasoned name to its leadership bench, with Srajan Tiwari taking on the role of senior vice president. The appointment marks a natural next chapter in a career shaped by two decades of banking, mutual funds and investment analytics across India and overseas.
In his new role within the personal banking group, Tiwari will focus on strengthening the bank’s investment analytics capabilities while driving growth initiatives across regions. It is a brief that plays to his strengths, blending numbers, networks and nuanced market understanding.
Tiwari is no stranger to HDFC Bank. Since 2019, he has served as regional head for North India in investment analytics, helping build scale and strategy in one of the bank’s most competitive markets. The promotion signals continuity as much as confidence in his leadership.
Before returning to HDFC Bank, Tiwari spent a year at BankBazaar as deputy vice president for mutual funds, gaining a digital-first perspective on retail investing. Prior to that, he clocked nearly seven years at Canara Robeco Asset Management as business head for North India, where he played a key role in expanding the fund house’s footprint.
His earlier career reads like a tour of India’s financial map and beyond. From managing Reliance Capital’s Middle East operations in Dubai to leading regions across Karnataka, Madhya Pradesh and Chhattisgarh, Tiwari has worked across markets with very different investor mindsets. His journey began at ICICI Bank and ICICI Capital Services, following a management trainee stint at Fascel.
With deep roots in traditional banking and a clear eye on modern investment needs, Tiwari’s elevation reflects HDFC Bank’s intent to keep experience and execution closely aligned. For the bank, it is a steady hand at the wheel. For Tiwari, it is a role that brings his long, varied journey neatly full circle.
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Oracle layoffs affect up to 30,000 employees globally
Job cuts span US, India and more, staff cite abrupt emails, uncertainty.
MUMBAI: April began with an inbox shock and for thousands, it ended with an exit. Oracle has carried out a sweeping round of layoffs, impacting an estimated 20,000 to 30,000 employees across its global operations, even as the company continues to report strong business performance. The job cuts were communicated via emails sent early on April 1, affecting staff across multiple regions including the United States, India, Canada and parts of Latin America. The reduction spans a wide range of roles and functions, though the company has not disclosed specific criteria behind the decisions.
In the days following the layoffs, employees have taken to platforms such as LinkedIn to share their experiences, many describing the process as abrupt and unsettling. Several posts pointed to a lack of prior indication, with notifications arriving suddenly in early-morning messages.
A recurring concern has been the impact on long-tenured staff. Users reported that employees with decades of experience were among those let go, raising broader questions about job security even for seasoned professionals within large technology firms.
The layoffs have also sparked anxiety about the wider direction of the sector. As companies continue to invest heavily in automation and artificial intelligence, workforce recalibration is becoming more common often accompanied by uncertainty around future roles and skills.
For many affected employees, the immediate challenge lies in navigating career transitions in an increasingly competitive job market, with posts reflecting concerns about stability and next steps.
The development comes against a backdrop of strong financial performance at Oracle, which recently reported a 22 percent year-on-year increase in revenue, alongside continued growth in its cloud infrastructure business. The company has also been committing significant capital towards artificial intelligence and data centre expansion.
The contrast between growth and job cuts has added to the unease, underscoring a broader shift in how large technology firms balance expansion with efficiency sometimes at the cost of the very workforce that helped build that growth.
