JSW Group on Tuesday said Kaustubh Kulkarni has been elevated to the post of Head of banking with immediate effect.

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Kulkarni joined the Group in 2017 as the group head of M&A and Strategic Financing, JSW Group said in a statement.

"In addition to his existing responsibilities as Group Head of M&A and Strategic Financing, Kulkarni will now oversee banking relationships across the group business verticals," it said.

JSW Group is into steel, energy, cement, infrastructure, paints, sports and venture capital.