
Parle Products has appointed George Kovoor, a former PepsiCo executive, as its new CEO ahead of its IPO. With over 30 years at PepsiCo, Kovoor brings extensive experience from global markets, including China and the US. His leadership is expected to guide Parle through its upcoming public offering, enhancing its strategic direction in the competitive snacks industry.
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"A tasty change in leadership for Parle Products!"
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RBI's June 2026 report reveals a drop in lending rates to 9.26%, highlighting a 19.7% increase in credit to women borrowers. Overall bank credit growth reached 16.5%, with personal loans rising by 12.7%. Notably, non-metro areas showed stronger credit growth, indicating a shift in lending dynamics across the country.
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