Ms Daruwalla is a qualified Chartered Accountant. In her career in Banking, spanning more than three decades, she has worked in various capacities in Union Bank of India, Oriental Bank of Commerce and retired as Chairman & Managing Director of Central Bank of India in December 2008. She also handled prestigious assignment as Region of India Director on the Board of 'The Institute of Internal Auditors', Florida, USA. In recognition of her excellent contribution in the field of Banking, Ms Daruwalla has been conferred with many prestigious awards. Presently, Ms. Daruwalla is an Executive Advisor / Consultant, her forte being financial sector.
Some of the other companies where she serves as a board member include NTPC Ltd., Jaiprakash Associates Ltd. and Gammon Infrastructure Projects Ltd.