MAM
TVS Emerald signs Housing.com as official partner
MUMBAI: TVS Emerald, the real-estate division of the USD 7 billion TVS Group, has signed a strategic deal with Housing.com. As part of the deal, Housing.com will be the official partner for TVS Emerald to offer digital marketing solutions to the company for a period of one year.
The digital marketing solutions from Housing.com is a specialized offering that covers a wide gamut of services that have been developed in-house for the real estate sector. The scope of this partnership entails content creation and digital media that include a gamut of services like Slice View, AreaWiki, Falcon, search engine marketing, display network, lead generation and lead management.
Commenting on the partnership, R Chandramouli , President and CEO , TVS Emerald, said, “Within a short span of time, TVS Emerald has become one of the most trusted names in the sector. The objective of this partnership is to leverage the domain expertise Housing.comoffers through its cutting-edge digital innovations by helping us reach out to a large number of potential customers in the digital space.”
Speaking about the partnership, Mani Rangarajan, Chief Business Officer, Housing.com said, “TVS Emerald is a leading real estate player in southern India and our association with them is one of our major forays in the region. This is also a crucial partnership for us as we are offering end-to-end digital marketing solutions including lead generation and lead management. We look forward to working closely with the team at TVS Emerald and hope this is the beginning of a long-term relationship.”
TVS Emerald has successfully completed their first project Green Hills in Perungalathur, Chennai consisting of 448 Apartments and 123 Villas on 15 acres of land. This project is completely sold out and possession was given ahead of the schedule. Currently, TVS Emerald has an on-going project, Green Acres in 18 acres of land in Kolapakkam (near Tambaram), Chennai.
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.
