Reliance Industries has inducted former State Bank of India chairperson Arundhati Bhattacharya on the company’s board.
Bhattacharya’s post-retirement cooling period expired earlier this month. ChrysCapital has appointed her as an advisor and reports claim that she may join Piramal Enterprises’ financial services business.
Bhattacharya, the first woman to head banking giant State Bank of India, is the second woman director on the board of Reliance Industries which already has Nita Ambani as a director since 2014. The New Companies Act requires companies to have at least one woman director on the board. Read more
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