Education
He studied at Ramakrishna School, Chennai and graduated from Loyola College, Madras University in the late 1950s.
He studied at Ramakrishna School, Chennai and graduated from Loyola College, Madras University in the late 1950s.
He was awarded Padma Bhushan in the Trade and Industry category in 2010 by the Government of India. Born in a remote village in South India, he was second in a family of eight children. Narayanan joined the State Bank of India as an officer
He served in State Bank of India"s branches in Trichi and Madras (city now renamed as Chennai) before moving to Bombay (city now renamed as Mumbai) in the 1960s.
Narayanan Vaghul resigned from the State Bank of India and took up a teaching position at the National Institute of Bank Management (NIBM). Within two years, he became its Director.
In 1978, he became the Executive Director at Central Bank of India and served for two years there. Appointed as Chairman and Managing Director of the Bank of India in 1981, he became one of India"s youngest Chairman of a nationalised bank at the age of 44.
He was the Chairman of the Bank of India till 1984.
In 1985, he was appointed as Chairman of the then Industrial Cr and Investment Corporation of India (ICICI), the financial institution now known as ICICI Bank. He still continues as its non-executive Chairman. Narayanan had also served as a director in many major companies of India including Wipro (since June, 1997), Mahindra & Mahindra, Apollo Hospitals and Mittal steel.
Narayan is also the Chairman of Give_India, one of India"s Non-governmental organizations.