Brands
Totoro threads the needle as Uniqlo drops Ghibli gear this July
MUMBAI: When fashion meets fantasy, expect a wardrobe straight out of a dream or a Ghibli film. Uniqlo is all set to sprinkle a bit of My Neighbour Totoro magic into your closet. The global apparel giant announced the third edition of its highly anticipated UT collaboration with Studio Ghibli, titled “My Dear”, which will hit shelves across India on July 4, 2025.
This latest drop from the cult-favourite collaboration features 14 designs celebrating the iconic storytelling and whimsy of Studio Ghibli. Expect artistic nods to beloved films and characters, from soot sprites to forest spirits, brought to life through UT’s crisp cuts and cotton charm.
The line-up includes 11 styles for men priced between Rs 1,490 and Rs 2,490, and six adorable styles for kids starting at just Rs 990. All items will be available at Uniqlo stores across India and online, making it easier than ever for fans to wear their fandom on their sleeves quite literally.
The visuals this time around are extra special, thanks to returning Thai artist Kanyada Phatan, known for her delicate interpretations of Ghibli’s universe, and Studio Ghibli’s own legendary producer Toshio Suzuki, whose sketches have been woven into the fabric of the campaign.
The “My Dear” launch will also be marked by a special event, though Uniqlo is still keeping those details under wraps. Given the previous buzz around this collaboration which first launched in February 2022 fans can expect a summer splash of colour, nostalgia, and cinematic flair.
With Ghibli’s emotional storytelling and Uniqlo’s wearable minimalism, this capsule collection is bound to enchant both fashionistas and anime loyalists alike. So mark your calendars, because on 4 July, your T-shirt drawer might just get its own fairy-tale ending.
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.
