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Lt Gen Man Mohan Singh Rai appointed as new Vice-Chief of Army

Lt Gen Man Mohan Singh Rai has been appointed as new Vice-Chief of the Indian Army.

He is presently the Eastern Army Commander and will succeed Lt Gen Philip Campose who superannuates on 31 July 2015.

Rai is from the Indian Army’s Corps of Engineers. It should be noted that Army General Dalbir Singh Suhag too was the Eastern Army Commander before taking over the top post.

He is an alumnus of National Defence Academy (NDA), Khadakwasla, Pune and was commissioned from the Indian Military Academy (IMA), Dehradun in 1976.

Lt General Praveen Bakshi who is currently serving as Chief of Staff, Northern Command will be elevated as Army commander and move to Eastern Command to succeed Lt Gen Man Mohan Singh Rai.


Union Government appoints Sriram Kalyanaraman as MD and CEO of NHB

Union government has appointed Sriram Kalyanaraman as the Managing Director (MD) and Chief Executive Officer (CEO) of National Housing Bank (NHB) for a period of five years.

With this he became the first person from private sector to be appointed as head of a public sector financial institution.

Presently, Kalyanaraman is director-business development Equifax Credit Information Services.  Prior to joining Equifax, he was Director, Business Clients and Asset Products at Deutsche Bank India.

About National Housing Bank (NHB)

  • NHB is apex regulator for housing finance sector and a wholly owned subsidiary of Reserve Bank of India (RBI).
  • Established: in 1988 under the National Housing Bank Act, 1987.
  • It is a principal agency to promote housing finance institutions at local and regional levels. It also provides financial and other support to institutions related to this sector.
  • Function: Register, regulate and supervise Housing Finance Company (HFCs) and keep surveillance on them through On-site & Off-site Mechanisms. It also co-ordinates with other Regulators.


Veena Jain appointed as Director General (news) of Doordarshan

Union Information and Broadcasting (I&B) ministry has appointed Veena Jain as director general (news) in Doordarshan (DD).

She succeeds senior Indian Information Service (IIS) officer Akshay Rout. Along with this appointment Jain will also hold the charge as Officer on Special Duty (OSD) and will oversee the ministry’s new media wing and social media cell and report to the ministry for all purposes.

At present, she is posted as Additional Director General (ADG) in the News Services Division of All India Radio (AIR). Earlier, she had served as director of Publications Division of AIR.

Doordarshan DG (news) is one of the most influential positions in the public broadcaster in India. Both AIR and DD are media wings function under Prasar Bharati  which directly works under the aegis of Union I&B ministry.